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What Happened to Purple Lounge Casino
04/24/2012 : WHAT'S GOING ON AT PURPLE LOUNGE CASINO?
Sites not functioning, emails unanswered and a departing director do not a happy picture make
Over the past several weeks, players have increasingly complained on internet gambling message boards that the payments from Media Corp's online casino and poker venue Purple Lounge are excessively delayed, and communications with the operation have become very difficult.
This week the Casinomeister site felt obliged to post a warning, advising players:
"Purple Lounge is not responding ...to numerous player issues that have popped up over the last couple weeks. The rep is AWOL and Support is not responding to emails.
"There are also (unconfirmed) reports that the casino and poker clients are down, that trading on the stock market is suspended, and that live chat is unavailable.
"Players Beware: There may be serious problems at Purple Lounge. Proceed with caution."
The suspension of trading has been in place since April 16, when Media Corp advised that it was in advanced discussions with Gaming Media Group Limited regarding a reverse takeover under the AIM Rules for Companies ("AIM Rules").
GMG is an online gaming company which combines one of the world's largest TV channel dedicated to gaming and betting, The Poker Channel, with online gaming brand PokerHeaven.com.
Today (Tuesday) the company issued a further release, advising that its highly experienced entrepreneur, non-executive director and Purple Lounge founder Chris Gorman OBE (45) has resigned from the board with immediate effect "to focus on his other business interests in the telecommunications industry."
Gorman was the main shareholder in Purple Lounge when it was acquired in 2009 by Media Corp for a total consideration of GBP 465,000 by way of an earn-out, payable over a period of up to 5 years .
Earlier this year Media Corp's chairman Jason Drummond was replaced by founder Justin Drummond.
When InfoPowa went to press a response from Media Corp was still awaited.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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