ChanPoker folds

August 19, 2008


Chanpoker has shutdown its operations. Is this the sign of the times ? Has poker lost its thunder ? Is the economy to blame ? I dont think so, its just an operation that couldnt sustain.

Check out their webpage for more details - http://www.chanpoker.com/closing/

Have no fear though for those who have accounts:

If you have a cash balance with us rest assured that all withdrawal requests will be honored and promptly processed. To facilitate timely withdrawals, limits for certain withdrawal methods have been increased. We will make every effort to accept withdrawal requests through our website for as long as necessary however we strongly advise submitting your request as soon as possible. To initiate a withdrawal now please follow this link to go to your account. Please note that once final withdrawals are processed your account will be automatically closed, no further action is necessary.

Looks like they are looking to transfer player accounts to another company. Im not sure what their user base is or how much revenue they were generating through poker rooms. I’d be intersted in seeing who picks their players up. Im pretty sure ChanPoker made money, how can you not cash in on the poker business.

Looking for a poker rakeback ? Check out my rake back site - The Sports Affiliate Rake Back Site.

 

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2 Responses to “ChanPoker folds”

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