Curaçao-licensed gaming operator Pinnacle Sports is planning to expand into regulated markets after securing an iGaming licence from the Malta Gaming Authority.

The operator has been awarded a Class 2 Provisional Gaming Licence by the Maltese regulator, with the approval the first step in a drive to enter new markets and develop B2B relationships, launched as part of a new strategic direction taken under the business’ new owners.

Among the areas of focus for the operator are plans to enter markets such as Asia and a project to significantly upscale its IT infrastructure.

“We are excited to have secured a licence from one of the most trusted authorities in gaming,” Pinnacle Sports chief executive Paris Smith said. “The endorsement secures an important foundation for our aggressive growth strategy for 2015 and beyond.”

MGA executive chairman Joe Cuschieri said that the regulator was “delighted” to have one of the biggest brands in the gaming industry included in its licensing portfolio.

“The Authority is committed to continue delivering innovative solutions to address the ongoing evolution of the industry, and the challenges this brings along with it, with integrity and focus on consumer protection,” Cuschieri explained.