Fortune Lounge Group
Encyclopedia
Fortune Lounge Group is a UK company which owns online casino
Online casino
Online casinos, also known as virtual casinos or Internet casinos, are online versions of traditional casinos. Online casinos enable gamblers to play and wager on casino games through the Internet....

s and online poker
Online poker
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...

 rooms using Microgaming
Microgaming
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 1994. The company is one of the leading software providers to the online gambling industry, with just under 100 casinos listed on its...

 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.

Aside from the core Fortune Lounge-branded casinos, the company also owns Goldfishka casino, a Russian-language casino.

The company holds a permit from the Kahnawake Gaming Commission
Kahnawake Gaming Commission
The Kahnawake Gaming Commission is a gaming regulatory body that licenses and regulates a large number of online casinos, online poker rooms and online sportsbook sites, as well as three land-based poker rooms that are situated within the Mohawk Territory of Kahnawake.The Commission was first...

 for all of its casinos. Fortune Lounge's properties are accredited by eCOGRA
ECOGRA
eCOGRA was established in 2003, and is an independent UK based self-regulatory and compliance and advisory services organisation specialised in the field of online gambling regulation...

, a Microgaming-founded online casino industry watchdog.

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. 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. Accounts that were not reopened belonged only to players who had other infringements. Consequentially Casinomeister withdrew the rogue status.

Awards

The Fortune Lounge Group has won the following awards:
  • Casinomeister's Fall From Grace Award, 2005
  • Gambling Online Magazine's Readers Poll Top Casino Group 2005
  • Casinomeister's Best Casino Group, 2003
  • Gambling Online Magazine's Top Rewards Program 2003
  • Gambling Online Magazine's Top Casino Customer Service 2003

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.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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