This story was published more than 8 years ago.
Several reports on various internet websites over the last couple of weeks claim that Media Corp's Purple Lounge Casino is having serious issues, including communication breakdowns and delayed payments.
Online gambling site Casinomeister issued a warning on its site earlier this week, telling punters:
"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."
On Tuesday the company announced that Purple Lounge Founder and Non-Executive Director Chris Gorman OBE had resigned from his position with the board immediately because he wanted "to focus on his other business interests in the telecommunications industry". Gorman was the main shareholder of Purple Lounge when it was purchased by Media Corp in 2009 for £465,000.
The company's stock stopped being traded on April 16th when it revealed that it was in discussions with Gaming Media Group Limited regarding a reverse takeover. GMG owns the web poker brand Poker Heaven.
As of the publishing of this article, Media Corp had not commented on the issues that Purple Lounge is facing. Casino Listings will keep this story updated as we learn more.
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