Tag Archives: Pinnacle
US – Pinnacle misses estimates as merger with Penn nears
US casino operator Pinnacle Entertainment posted revenue of $647.6m in the second quarter along with a profit of $21.9m, falling short of Wall Street estimates. Anthony Sanfilippo, Chief Executive Officer of Pinnacle Entertainment, said: “Our 2018 second quarter financial performance continued our trend of driving more efficient operations and improving our balance sheet, as we…
UK – Pinnacle chooses MuchBetter gaming wallet
MuchBetter, the iGaming payments company, will be available to all Pinnacle sports betting and eSports customers worldwide. Pinnacle is one of the best-known betting operators in the world and, in using MuchBetter as a new payments option, the operator intends to reduce its transaction fees significantly, prevent fraud and provide the best deposit and withdrawal…
Bosnia and Herzegovina – NSoft delivers virtual games suite to Pinnacle
NSoft is to freshen up the games portfolio for online operator Pinnacle by adding its virtual games suite. Players will now have a chance to enjoy in Draw Based Games such as Lucky Six, Next Six and Lucky X aswell as in VirtualSports Betting Games Greyhound Races, Virtual Greyhound Races, Virtual Horses and Virtual Motorcycle…
Malta – Betsoft inks content partnership with Pinnacle
Under a new agreement, Betsoft Gaming will provide its complete collection of popular slot games to long-running gaming brand Pinnacle. The partnership covers the entire Betsoft portfolio – including the sought-after Slots3TM series – and will cement both companies’ positions as the player’s preferred choice in the markets where Pinnacle offers iGaming experiences. Founded in…
Malta – Kiron partners with Pinnacle
Kiron Interactive has put pen to paper on an agreement with leading online operator Pinnacle. Under the terms of the agreement, Kiron will make its online bet management platform, Betman Online, available to the operator through the Iforium platform. Kiron’s full gaming portfolio will be at the disposal of Pinnacle customers, including its diverse catalogue…
US – Pinnacle Entertainment reports strong second quarter
Pinnacle Entertainment reported net revenues of $653.6m in its second quarter, an increase of $87.4m or 15.4 per cent year over year. Unrated play has registered year over year growth in nine of the past 10 quarters, accelerating to growth of six per cent in the 2017 second quarter. Pinnacle believes this is a reflection…
US – Gaming and Leisure offers Pinnacle a value-creating proposal
Gaming and Leisure Properties has sent a letter to the Board of Directors of Pinnacle Entertainment, conveying its offer to acquire the real estate assets of Pinnacle for GLPI shares in a transaction with an enterprise value of $4.1bn, including assumption of debt. GLPI’s offer is designed to enhance Pinnacle’s plan, which was announced in…
US – Pinnacle drops New York casino bid
Regional casino operator Pinnacle Entertainment has withdrawn from consideration for one of four gaming licenses in New York, according to state gaming officials. Las Vegas-based Pinnacle had been tied to a potential casino project near Albany. The New York Gaming Facility Location Board said Pinnacle asked for a refund of its US$1m license application deposit….
US – Pinnacle enhances mychoice loyalty scheme
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