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3/5/10 - With little notice and less fanfare, the Chance Room online poker site on GTechG2's IPN network closed its virtual doors this week after a mere 5 months in business.
Owned by LGH Limited, the company started French and English language online operations in October 2009, with Louis Harang, a director of LGH, announcing proudly: "We've assembled a management team with many years experience in i-gaming. We've designed unique incentives for regular players, and we've chosen one of the most innovative and reputable software providers to make sure our players enjoy the best experience possible."
Apparently these blandishments were not enough to secure success, because the company this week emailed players and affiliate marketers to give them the bad news at rather short notice.
The company's email said:
"ChanceRoom regrets to inform you that it is ceasing its Casino and Poker activities as of 4th of March 2010.
"After a review of the viability of the online Casino and Poker operations, the Board has concluded that due to numerous constraints, the online Casino and Poker can no longer remain competitive.
"Over the next few days, our Customer Support shall be effecting the remission of all funds deposited into your Casino and Poker wallet using the payment instruments registered on your account. Please note that due to legislation requirements you may be requested to submit documentation prior to the remission of your funds. Our Customer Support team will notify you accordingly.
"From all of us here, we hope you have enjoyed the ChanceRoom site as much as we have enjoyed delivering our games and services to you, and would like to take this opportunity to express our sincere gratitude for your loyalty over the past months."
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UNIBET CHAIRMAN SELLS 930,000 SHARES -
The chairman of online gambling group Unibet's board of directors, Anders Ström, sold 930,000 shares in the company earlier this week through his company Anders Strom Core Holdings
Leave Political TShirts at Home For Poker Tournaments -
Political slogans on shirts and other apparel worn during live poker tournaments unfolding in Barcelona this week has triggered comment from the organisers that in future ...entry will be refused to any player displaying political statements of any kind.
Big Hit On Treasure Nile slot -
Details remain sparse on a big progressive jackpot hit Tuesday at an as yet unknown Microgaming-powered online casino, where one fortunate player is GBP182,804 wealthier following a big hit on the Treasure Nile slot.
SoMuchMore Slot Launches -
SoMuchSushi, SoMuchCandy and SoManyMonsters will be available to players when they play SoMuchMore, plus Free Spins and other great Bonus options.
Netent Launches 2 New Slots -
Net Entertainment's latest internet slot releases have themes that showcase electrifying labs and vampires in games titled Attraction and Bloodsuckers.
Raha-Automaattiyhdistyshas Launches Live Dealer -
The new development has further extended RAY's existing long-term relationship with Playtech and features unlimited Blackjack and Roulette tables. The initial launch includes Playtech's web version, with mobile due to follow shortly.
Tatts Posts Full Year Results : Profits Down -
One of Australia's leading online and land betting groups, Tatts, has posted full year results that will be disappointing for shareholders, reporting a 19 percent y-o-y drop in net after tax profits for the twelve months ended June 30 2014.
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