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Chance Room Closing

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." 



Recent Gambling News :

Fulltilt Mini Ftops - Full Tilt is well advanced in planning for the first Mini Full Tilt Online Poker Series of 2015, which kicks off on January 4th next year and runs through January 18.

Uk Fulltilt Players 20 percent reduction of reward points - Th switch means that UK poker fans will receive eight points per dollar raked instead of 10 points per dollar raked, with a top-end to rewards of a 28 percent rakeback rate.

Icahn pledges $20 million to keep Taj Mahal Open For Now - Atlantic City's struggling Taj Mahal casino resort has been handed another last-minute reprieve from shuttering by principal creditor Carl Icahn, who on Thursday pledged $20 million to stave of closure in the immediate future.

Online gambling operators licensed on the Isle of Man to be granted double tax relief - The concession is up to a monetary maximum equivalent to the amount of gambling duty that would be due to the islandís Treasury on the same activity.

666bet Slotpay and Shutdown - The writing may have been on the wall - or to be more accurate on several betting forums - two months ago, when complaints about slow-pay tactics started to surface from frustrated players. However, in the absence of an explanation by the owners, that is hearsay and speculation.

ONLINE GAMBLING'S CONTRIBUTION SMALL IN BRITISH COLUMBIA - The exchanges have been focused on what opposition politicians consider to be wasteful spending at the provincial lottery, which also operates the online gambling initiative. Members of the Opposition have pointed to excessively generous separation deals for departing lottery officials, and insufficient supervision of retail ticket sales to minors.

Delaware Online gambling revenues up 42 percent - November stats from the Delaware Lottery bring the welcome news that online gambling revenues in November soared 42 percent compared with October, reaching $184,898.

Philippines law enforcement shaking down local businesses in the online gambling sector - Local media in Manila, Philippines made some startling claims based on rumours in the business community this week, alleging that federal law and immigration enforcement officials have been shaking down local businesses in the online gambling sector, thus threatening investor confidence.

Mr Green CEO Mikael Pawlo To Step Down - A statement Thursday from online casino company Mr Green reveals that chief executive officer Mikael Pawlo is to step down in June 2015 as chief executive of the AktieTorget-listed company, but has been nominated to join the board of directors.

RTG Launches Wild Wizards Slot - Wild Wizard symbols and Spell Book scatters trigger free game features with Held Expanding Wilds, Mad Magic Multipliers, Bonus Symbols and Extra Wilds in the new release of this 25 pay-line video slot.

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