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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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Recent Gambling News :
June revenues up 14.4 percent in Nevada -
The latest performance figures from the Nevada regulator show that land casinos in the Silver State enjoyed a 14.4 percent increase in overall revenues in June, thanks mainly to a surge in baccarat win.
Parx Casino adds To Play4Fun SIte -
The Parx land casino in Pennsylvania is spreading its free-to-play social casino games business around, adding the Play4Fun site with software from Williams Interactive to its selection from GameAccount Network .
Political donations Against Internet Gambling Up -
Looser restrictions on the amount that businessmen can spend on political contributions have seen an up swell in political donations led by Sheldon Adelson's campaign against online gambling, the publication Opensecrets reports.
South Carolina Residents Negative On Online Gambling -
Respondents to the latest Palmetta Politics poll in South Carolina gave a negative reaction to the hypothetical legalisation of online gambling in the state this week, with 68 percent opposed to legalisation, 17 percent in support, and 15 percent undecided.
Sky Betting Mobile Profits Up -
Like many operators in the industry, Sky Betting and Gaming has discovered that mobile operations make impressive contributions to revenues, contributing handsomely to its 2013-2014 results which showed a year-on-year rise in revenues of 18 percent to GBP 183 million.
888 PULLS FACEBOOK REAL-MONEY APP -
The marginal business returns in social real-money gaming and the imminent impact of Britain's soon-to-be-implemented point of consumption licensing and tax laws are believed to be factors behind 888's decision this week to pull its Magic 888 Casino app off Facebook after just five months of operation.
nLive virtual casino launch in Arizona -
Land and online gambling games and equipment supplier Aristocrat has launched its nLive virtual casino solution for the three Desert Diamond Casinos and Entertainment properties in Southern Arizona.
Canadian provincial lottery losing the younger demographic to the internet -
In its latest annual report the Atlantic Lottery in eastern Canada reports a persistent decline in revenues, blaming it on a lack of interest by the important demographic aged below 30 years, and calling for renewed public debate on whether it should join other Canadian lotteries that have gone online.
urassic Park Online Slot Launches -
Thrilling gaming roars to life at Crazy Vegas Casino this August. It captured the imagination of millions as an award-winning film, and now Jurassic Park promises exciting online gaming to all players.
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