When it comes to online gambling action, Pinnacle is well known for their low margins and high betting stakes. The site was launched into cyberspace back in 1998 and is located and regulated on the island of Curacao, in the Netherland Antilles. The site features a sportsbook and online casino with a mobile network and a live in-play wagering option. While this was due to the Entraction Network no longer accepting gambling licenses from outside the European Union, Pinnacle did shortly later obtain a EU license from Alderney Gambling Control Commission (AGCC) to supplement their long held Curacao license. There was speculation that poker brought the company unneeded risks. USA sports betting legality. Operators of offshore books can be arrested if they set foot in the US. So people in the US do not bet in pinnacle or that local illegal bookies take some.

A grand jury in the State of New York charged a total of 25 people with illegal gambling and money laundering.

While the indictment attracted the interest of US media because the sportsbook director for Cantor Gaming in Nevada, Mike Colbert, was indicated as an agent for Pinnacle Sports in the United States and Vincent Basciano Jr, whose father is a mafia boss serving a life sentence, was also part of the illegal gambling ring, the real news for the online sports betting community is that Pinnacle Sports' owners Stanley Tomchin and George Molsbarger, alongside a third alleged owner Brandt England, were charged with enterprise corruption, money laundering and conspiracy.

According to the 259 pages and 225 counts of the New York indictment, Pinnacle Sports as well as Jazz Sports, wager4you.com and playhere.ag were used as non-traditional “wire rooms” by bettors and agents to place bets.

The 18-month investigation codenamed Operation World Wide Wagers began in April 2011, just days after the Queens DA charged a local bookmaker linked to the Bonanno crime family for running an illegal gambling site called arrowaction.net.

This probably explains why the investigation that lead to the Pinnacle Sports-related indictments was lead by the NYPD's Organized Crime division, even though no charges of violence to collect money have been made.

Pinnacle Sports released an official statement saying that 'no employees have been arrested or charged' and that they expected no interruptions to their day-to-day business activities.

The Alderney Gambling Control Commission reported to have commenced a Special Investigation into Pinnacle Sports Europe.

But the real problems for Pinnacle could still come the US betting market.

Founded in 1998 as planetpinnacle.com by Stanley Tomchin, one of the original members of the Computer Group, the successful US betting syndicate that in the early 80s recruited Bill Walters to place their bets, Pinnacle Sports is today one of the largest online sportsbooks in the world and certainly the most well known and respected when it comes to low margins, high limits and fast payouts.

Pinnacle Sports 'left' the US market shortly after the passage of the UIGEA, or at least that was the official version, even though many people in the industry were aware or had heard rumors that agents still booked bets on behalf of Pinnacle from US players.

Some misinformed industry commentators suggested the US agents were in reality rogue agents accepting bets from US players without Pinnacle knowing it, which is ridiculous considering that Pinnacle is well known for its unique style of determining odds using the accrued knowledge of the players that bet with them.

In other words, while the average bookmaker profiles players so they can limit winners and sharp punters, Pinnacle profiles players so they can adjust their lines by using advanced algorithms that take in consideration who is the player, when and what is betting and how much.

For the same reason, theories that want to prove Pinnacle respected the US ban just like it respected bans in other countries like France, that Pinnacle abandoned in recent years, do not take in consideration the importance of the US market, where Pinnacle Sports not only had a dominant position, but its odds were used by all the other bookmakers.

So while Pinnacle's credit accounts in the US remain, according to numerous reports, frozen, the risk is that over time if Pinnacle stops taking sharp action from its US clientele, the quality of its odds will decline, a circumstance that concerns all US-facing sportsbooks that use Pinnacle Sports odds as a reference of true market odds.

Pinnacle Sports rating is suspended and for the time being Pinnacle is removed from BMR Green list.

Use our simple and secure Document Upload Tool to quickly complete the following verification requirements and enable your full Pinnacle account access.

If you have any questions please see our FAQs below.

1. Proof of Identity

Upload one of the following, making sure the proof of identity is not expired:

• Passport
• Driver’s license
• National ID

2. Proof of Address

Please upload one of the following, which should be no more than 3 months old and should match the information in your registered account:

• Bank statement
• Utility bill
• House phone bill
• Government documentation

3. Customers depositing with a credit/debit card must verify their cards prior to requesting a withdrawal.

To verify a Credit/Debit card please upload the following:

• A digital photo of the front of your Credit/Debit Card (please cover the middle digits only showing the first 6 and last 4 digits and make sure the expiry date is legible). Please note if the middle digits are showing the upload will be rejected.
• A digital photo of the back of your Credit/Debit Card. Please cover the CVC code and kindly note that the card must be signed.

Pinnacle Offshore Gambling Company

Frequently Asked Questions

Which documents can I use to verify my identity?

Passport, Driver's License or National ID card.

Which documents can I use to verify my address?

Bank statement, Utility bill, House phone bill or Government documentation.

Why do I need to supply these documents?

It’s important that we can identify our customers to comply with both regulatory requirements and to help ensure the security of customer accounts.

How long will it take?

We aim to process your documents within 72 hours of submission when possible.

What if I have a problem with uploading documents?

Our Customer Service team is on hand to walk you through the process should you have any difficulties.

Can I email the documents?

No. In order to process your documents as quickly as possible all customers must use the Document Upload Tool.

Where will my details be stored? What security is used?

We take security of your data very seriously. All documents are stored on a secure file server using industry standard encryption.

Why are my options to upload documents disabled?

Pinnacle Offshore Gambling Services

It means your document/s are either under review (shown by an orange icon) or has been approved (shown by a green icon).

Pinnacle Offshore Gambling Companies

If all of your documents have been approved you do not have to send in additional at this time.

Note: In some circumstances, we may require further information in accordance with our licence conditions. We will contact you should this be necessary.