French Online Market Loses Operator

Iliad Gaming announced withdrawal

Internet poker and sportsbetting activity in the French market operated via Iliad Gaming, the subsidiary of French telecommunication service provider Iliad S.A. will be closed following the company’s announced withdrawal from the country’s online market.

In an interview to LaTribune, Iliad chief financial officer and chief development officer Thomas Reynaud said that the Iliad Gaming websites Chilipoker and Chilipari, run jointly with Gameinvest Holdings, will terminate operations.

"This is not the heart of our business. The competitive environment and the online games tax regime do not support a new market player or allow the company to operate viably," Reynaud said.

As per the reports, Chilipari stopped taking bets on July 3 to be able to close down entirely on July 9, 2012, while Chilipoker will take the necessary steps within next few weeks.

According to Reynaud, Iliad Gaming websites suffered cumulative losses of Euro 4 million in two years. However, La Tribune noted that other operators posted even worse results suc as Française des Jeux, Groupe Lucien Barrière and Karmitz-owned LB Poker with almost Euro 30 million loss to 3.3 million in revenue and others who suffered heavy losses which include BetClic Everest Group and TF1 (EurosportBET).

Iliad's white label TurboPoker will reportedly be transferred to yet unnamed third-party.

lcb activities in the last 24 hours

  • 48
    new members
  • 692
    members online
  • 14237
    guests online
  • 137
    new posts
  • 5454
    free games played
Join the club

Highest Community Rated Online Casinos

Swipe left or right to see more

Latest forum posts

  • Me
    aymenpronet wrote: Thanks LCB.. I received today your newsletter but this time in the spam section.. I don't know why . thanks for letting us know. Please add us to your safe senders list. Here is how...
    LCB No Deposit and Exclusives Newsletter
  • Avantar 044
    hunterpromotion wrote: Halloween Race Nice  but i was unlucky today try tommorrow again.   Thank you anyway
    Betfair No Deposit
  • Anchi
    Dr Vegas - Spookiest £50 You'll Ever Get!Promotion runs from 14:00 on Friday, 28th October  2016 - 23.59 on Monday, 31st October 2016 Dr Vegas will raise your spirit with a spooktacular Halloween Bonus offer! Don’t...
    Halloween Promotions for 2016

Join today and start earning rewards

You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
S logo

Report to moderator

Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

Please note that your email address will be revealed to the moderators if you use this

Select Language
Search Results