It is a little strange to GoGo that Pinny would shut down several weeks shy of the single biggest wagering event all year. To have done this there must have been some significant threat from the US government. Quite sure the Government knows of the respect in the industry that Pinny garners so by shutting them down they are sending the clearest message possible to the industry that they mean business. To do this prior to the Super Bowl gives the government the greatest impact with their statement.
Now the question begs why would Pinny be scared of the US when they have no jurisdiction. As we all know there is quite alot of mystery that has surrounded the Pinny organization over the years in terms of who runs the place, how they can offer such reduced vig...etc. Consider over the past year that there have been several large US based bookmaking rings shut down. One has to assume that alot of information not made public has come out of these busts as those busted try to ligthen their sentences by providing information to the Government. GoGo's guess is some of that information has in some way shown the spotlight on Pinny in that they may have ties to certain people and/or are engaging in certain activities not viewed as positive by the Government. So obviously they have Pinny by the balls in some way.
A sad day indeed and believe strongly this is only the tip of the iceberg.
Now the question begs why would Pinny be scared of the US when they have no jurisdiction. As we all know there is quite alot of mystery that has surrounded the Pinny organization over the years in terms of who runs the place, how they can offer such reduced vig...etc. Consider over the past year that there have been several large US based bookmaking rings shut down. One has to assume that alot of information not made public has come out of these busts as those busted try to ligthen their sentences by providing information to the Government. GoGo's guess is some of that information has in some way shown the spotlight on Pinny in that they may have ties to certain people and/or are engaging in certain activities not viewed as positive by the Government. So obviously they have Pinny by the balls in some way.
A sad day indeed and believe strongly this is only the tip of the iceberg.