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3.10.2006 - Online Gambling Success for Purple Lounge

With the news that online gambling looks certain to be banned in America, one online gambling company has announced it is currently undergoing a 10 percent weekly growth rate. While share prices of American online gambling companies are in virtual freefall, Purple Lounge is experiencing an unprecedented growth rate.   London, UK (PRWEB) October 4, 2006 -- With the news that online gambling looks certain to be banned in America, one online gambling company has announced it is currently undergoing a 10 percent weekly growth rate.  While share prices of American online gambling companies are in virtual freefall, Purple Lounge is experiencing an unprecedented growth rate.  Chairman Chris Gorman announced today that what has happened in America has little or no effect on the Purple Lounge business. "The States accounted for a minimal amount of our business, in fact around 0.1 per cent," he said. "Since the beginning of September, we stopped taking sign-ups and bets from US players. We felt there was an air of uncertainty in that market place.  "The Scandinavian and European markets remain our core business. We've recently launched in Spain and see this as an exciting emerging market."  Purple Lounge's month-on-month trading results have shown growth over 350% in the second quarter of this year.  Purple Lounge's strength is in its presentation. It offers a sleek and sophisticated online gaming experience with a luxurious feel - an alternative to run-of-the-mill gambling sites, surrounded by the traditional Vegas glitz.  It isn't simply a gambling site. It also offers a wide range of lifestyle services as well as being a forum for exchanging the latest travel news and events from around the globe. The Purple Lounge casino and poker room has diverse appeal, attracting a varied range of players as well as bridging the gender and age gap, appealing to both men and women. Since the launch of Purple Lounge in November 2005, it has acquired thirty thousand registered players.  The company has also appointed top model Aylar as the new face of Purple Lounge.  Chris Gorman, Chairman or Matt Larter, CEO are available for interview. Please contact Diana Booty on 0207 758 3359.  Media contacts: Diana Booty, Purple Lounge +44 (0) 20 7758 3359  About Purple Lounge Purple Lounge offers a sleek and sophisticated online gaming experience with a luxurious feel. The site is for discerning gamblers seeking an alternative to run-of-the-mill gambling sites, surrounded by the traditional Vegas glitz. Since its launch in November 2005, it has acquired thirty thousand registered players. Purple Lounge's month on month trading results have shown growth more than 350% in the second quarter of 2006. Purple Lounge operates on the Microgaming Network for both Casino and Poker. For more information, visit: www.purple-lounge.com   About Chris Gorman OBE A serial entrepreneur, Chris Gorman has headed several highly successful ventures in technology and retail businesses. A founder shareholder in UK mobile phone retailer DX Communications, Chris then went on to create the internet services company, Reality Group. Current business interests include a number of mobile and internet enterprises as well as Quintessentially, Datastore, and Getfit.com. Highly regarded, Chris has received many business awards for his entrepreneurialism over the years including Ernst & Young Scottish Entrepreneur of the Year, UK E-Business Entrepreneur, Young Business Leader of the Year, and the laudable SBAAT Businessman of the Year Award. In June 2005 Chris received an OBE in the Queen's Birthday Honours list for services to business.

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