Fortune Lounge Group
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| Type | Private Company |
|---|---|
| Founded | 1997 |
| Headquarters | United Kingdom |
| Industry | Gambling |
| Products | Online Casino Online Poker |
| Website | fortunelounge.com |
Fortune Lounge Group is a UK company which owns online casinos and online poker rooms using Microgaming software. 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. Fortune Lounge's properties are accredited by eCOGRA, a Microgaming-founded online casino industry watchdog.
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[edit] Rogue status
In March 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.
After the Fortune Lounge Group investigated the claims by players, all casino accounts that had been previously closed for bonus abuse were re-instated. Monies were refunded and the group took on the losses for releasing an offer that could be abused within their own terms and conditions.[4] Accounts that were not reopened belonged only to players who had other infringements. Consequentially Casinomeister withdrew the rogue status.[citation needed]
[edit] Awards
The Fortune Lounge Group has won the following awards:
- Casinomeister's Fall From Grace Award, 2005[5]
- Gambling Online Magazine's Readers Poll Top Casino Group 2005
- Casinomeister's Best Casino Group, 2003[6]
- Gambling Online Magazine's Top Rewards Program 2003
- Gambling Online Magazine's Top Casino Customer Service 2003
[edit] World Player Magazine
From August 2005 to early 2007, Fortune Lounge Group released a physical magazine, World Player Magazine to document events run by the Fortune Lounge Group.
[edit] Notes
- ^ Casino Zone
- ^ Goldfishka Casino
- ^ Casinomeister: Fortune Lounge - advantage players beware
- ^ Casinomeister Post
- ^ Casinomeister: Best and Worst of 2005
- ^ Casinomeister: Best and Worst of 2003
