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   Monday, March 20 2023 
Online poker: is ended its activity

Tax regulations implemented in the French market of online gambling is a major bottleneck in the development of operator activity. Since the legalization of the market, many online poker rooms closed their doors because of lack of profitability. After the closing of in last February, it was the turn of to abandon the regulated market. According to the Director of Finance of Iliad Gaming, a loss of € 4 million was recorded after two years of operation of this online poker site. Like other operators having already forfeited, ChiliPoker is also victim of over-taxation by the French government. With a too competitive market where the number of registered players is quite small, the sustainability of the activity is simply not possible with the tax rate imposed.

Now, the date scheduled for the official quashing of activities of the site has not yet been announced. But what is certain is that its affiliates will be entitled to a refund. The group decided to focus its attention on the developing of its core business oriented in the field of telecommunications. On the other hand, Turbo Poker, another brand of the same group was taken over by Itechsoft, site operator. Thus, this decision on the stopping of should have no impact on the functioning of Turbo Poker. Note that the sports betting site Chilipari also ceased its operations.

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