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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.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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