Pinnacle has had its Internet Gaming Operator registration approved by the Ontario regulator

Pinnacle has had its Internet Gaming Operator registration sanctioned by the Ontario regulator.

The company, which specialises in esports but has also ramous out into the B2B arena, is known for welcoming high-stakes 'sharp' bettors.

As was covered several years ago by the New York Times, however, Pinnacle also has a story as an seaward sportsbook.

The operator now adds the Alcohol and Gaming Commission of Ontario to its listing of licensors, which also includes regulators in Malta, Sweden and Italia – but not the UK.

Its B2C offering will follow useable at some tip inwards the near future, patch its B2B branch Pinnacle Solution has also received commendation for a Gaming-Related Supplier registration.

Paris Smith, Pinnacle CEO, said: “Ontario’s sports fans and bettors merit the topper betting opportunities and we’re excited to at present serving them with simply that.

“There’s a robust, just regulatory regime in place, on with a knowing sports and betting audience, and we’re excited to follow capable to use up our ‘Winners Welcome’ mantra to the market place and have Ontarian betting to the next level.”

Ontario has approved a vast raiment of licences since its set in motion earliest this year. Formerly a gray market, the Canadian jurisdiction's displace to regularise on 4 April has been welcomed past many – although the scurf of its regulating has received a mixed reception.

Some trust the region's policymakers get produced a worthy regulatory framework, next the interview of industry stakeholders.

Others, meanwhile, experience Ontario has over-regulated from the off, with some commentators disappointed that the bulk of its revenue was accounted for past online cassino between April and June.

A regulator tin can never win inwards this situation, though, and the ii counter-arguments are at long last somewhat predictable: of course of instruction iGaming will generate to a greater extent receipts gaming revenue than sports betting; and of course of action gaming companies will want to a lesser extent regulation.

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