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Troubled Purple Lounge Casino and Poker is now in liquidation with customers not likely to see any of their funds returned.
Parent company, Media Corp PLC announced the liquidation on Thursday with all staff being laid off. Media Corp Chairman Phil Jackson claims Purple Lounge had “historical operational and financial failings”.
Furthermore, the parent company believes it “will (not) incur further liabilities in respect of Purple Lounge.” This is a likely indication that Media Corp does not intend to be held responsible for paying back Purple Lounge customers.
Signs of trouble on the horizon at Media Corp and Purple Lounge first surfaced back in August with the shocking arrests involving the wife of Media Corp PLC Non-Executive Director Chris Gorman last August. Gorman resigned from his post last month.
You can’t make this stuff up even if you try.
Mary Gorman, 43, was charged with performing oral sex on an unknown black man during a hip hop event at the Roxy Club in Orlando, outside of Disney World, while her husband watched. Chris, 44, was also taken into custody and charged with resisting arrest. Those charges were later dropped. The couple was on a family vacation at the time. Their two small children were reportedly left back at their hotel room under adult supervision.
Mrs. Gorman was also charged with drug possession and assault on a police officer.
Following the abrupt closure of Purple Lounge late last month, Media Corp issued a statement that it had loaned the online casino and poker room over £900k and has thus far “received no dividends or cash payments from the business”, resulting in what it called, at the time, a “temporary closure”.
- Ace King, Gambling911.com
