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Magnus Hedman New Pinnacle SPorts Owner
Thursday April 16,2015 : NEW OWNER OF PINNACLE SPORTS IDENTIFIED (Update)
Manager confirms Touchbet's Magnus Hedman is the man with a plan.
After weeks of reticence that sparked a storm of speculation, the identity of the new owner of Pinnacle Sports has been confirmed by the operations manager, Paris Smith, who revealed that Magnus Hedman is the head honcho.
Swedish entrepreneur Hedman is perhaps better known as the founder of Malta-based business-to-business sports betting risk management and sports betting odds supplier Touchbet Ltd.
InfoPowa readers will recall that Pinnacle Sports announced its acquisition by an unidentified entity back in February this year, and that it was switching to a regulated markets strategy. It has since acquired a Malta licence.
Hedman's preference for staying out of the public eye has sparked speculation that he is the mystery buyer of spread betting firm Sporting Index, which previous owners HG Capital confirmed it had sold to an unidentified buyer for GBP 40 million in March this year
Whilst there has been no official company confirmation that this is the case, Sky News recently reported the Hedman was the buyer.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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