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PokerNexus Closed by Owner Due to “Poor Returns”

Online Poker Room, PokerNexus, Closed As Owner Chartwell Technologies Focuses on Casino

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Cards and ChipsCanadian technology company Chartwell has issued a statement explaining the closure of its online poker room and community at PokerNexus.com.

The company said the closure was part of its commitment to focus on its core gaming system, casino.

“A decision was made to close the Chartwell Poker community, PokerNexus as of the end of the fiscal year,” the company said. “The Poker community and the previously planned Bingo community operations consumed a significant amount of development and management resources and did not achieve or project the same return on investment that the Company’s industry-leading Casino product presents. All of the Company’s resources will now be devoted to the advancement of our core Casino games and system.”