Fortune Lounge Group is a UK company which owns online casinos and online poker rooms using Microgaming software. Online casinos, also known as virtual casinos or internet casinos, are online versions of traditional (" Brick and mortar " Casinos Online poker is the game of Poker played over the Internet. It has been partly responsible for a dramatic increase in the number of poker players worldwide Microgaming Software Systems Ltd is a privately held Isle of Man based software development company which claims to have released the first genuine Online casino in The company owns ten casinos marketed under the Fortune Lounge banner, including Fortune Room, Vegas Palms, 7Sultans Casino, Vegas Villa, and Royal Vegas, as well as the PokerTime online poker room. [1]
Aside from the core Fortune Lounge-branded casinos, the company also owns Goldfishka casino, a Russian-language casino. [2]
The company holds a permit from the Kahnawake Gaming Commission for all of its casinos. The Kahnawake Gaming Commission is an organisation that licenses a large number of Online casinos and Online poker rooms Fortune Lounge's properties are accredited by eCOGRA, a Microgaming-founded online casino industry watchdog. eCOGRA (e-Commerce Online Gambling Regulation and Assurance is regulatory body established in 2002 as a non-profit organisation by Microgaming and 888
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Rogue status
On March 29 2007, Fortune Lounge was labeled by the Casinomeister watchdog site as a rogue casino. According to the Casinomeister site, Fortune Lounge seized the winnings of a large number of players who had played and won at the casino. [3] The players had signed up for the casino and claimed the signup bonus that the casino offered. The players then played games with a low house edge with in order to cash out as much of the signup bonus as possible. The casino confiscated the winnings of these advantage players.
Awards
The Fortune Lounge Group has won the following awards:
- Casinomeister's Fall From Grace Award, 2005[4]
- Gambling Online Magazine's Readers Poll Top Casino Group 2005
- Casinomeister's Best Casino Group, 2003[5]
- Gambling Online Magazine's Top Rewards Program 2003
- Gambling Online Magazine's Top Casino Customer Service 2003
World Player Magazine
On 24 August, 2005, Fortune Lounge Group released a physical magazine, World Player Magazine to document events run by the Fortune Lounge Group.
Notes
- ^ Casino Zone
- ^ Goldfishka Casino
- ^ Casinomeister: Fortune Lounge - advantage players beware
- ^ Casinomeister: Best and Worst of 2005
- ^ Casinomeister: Best and Worst of 2003
External links
Dapyx Software network: MP3 Explorer | Ebook Manager | Zenithic