Chan Poker folds
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Chan Poker, the online poker room fronted by poker legend Johnny Chan, emailed customers this week to announce the imminent shutdown of the room. Chan Poker was located on the popular OnGame poker network.
The company didn’t disclose the specific of the motivation behind the shutdown, but it’s safe to assume that Chan didn’t prove to be the strong draw the room had originally hopede. Traffic on the OnGame network is very solid, so it’s likely that Chan wasn’t drawing enough players to meet the licensing fees the network required.
Below is an excerpt from the statment posted on the Chan Poker website:
We are sad to inform you that Chan Poker will be ceasing operation effective this Thursday, August 21, 2008. Effective immediately we will no longer be accepting deposits. On August 21 our poker clients will be disabled.
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.
The final $50 daily freeroll will be held Tuesday, August 19, 2008. We will not be holding any additional weekly Red Orange Freerolls.
For those that wish to continue playing online poker, know that we are actively seeking a partner to provide a new home that will honor your player point balances. We will keep you informed of developments on this front.
