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Self-fulfilling prophecy.
Nobody has made an effort with PlayerWorlds in 10 years, and the previous effort was the last in a series of blunders. It's never going to make money unless someone passionate about it is given control and the ability to make changes.
Stephane and Stefan struck gold with mobile Graal, but rather than re-paying the community that kept the game going long enough for this to happen, they have stabbed it in the back and left it for dead.
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There is no reason for him to invest money into it if a single gun on iEra made more money than Playerworlds. And thanks to the big iOS player base, he always gets developers aswell.