FortuneZ.com officially launches today 20 April on the century leap year 2000, as an online gambling news magazine publication, making history as one of the first online gambling news magazine publications on the internet in the world.
The brand name – FortuneZ was inspired by the Lost City of Z, a name given by Col. Percy Harrison Fawcett, a British surveyor, to an indigenous city that in 1911, he believed had existed in the jungle of the Mato Grosso state of Brazil.
“We are delighted to provide a news publication, and information resource of the online gambling industry for enthusiasts and aficionado from across the world.” said spokesperson of FortuneZ. “For us, it’s about the dream, the gamble, the journey of uncovering, and the realization of finding the fortune hidden away as a treasure, a prize in the Lost City of Z.”
Online gambling first started in 1996, the first-ever online casino – InterCasino – was established, marking the official start of what would become one of the most successful online entertainment forms. It accepted its first real money wager that year, and has since paid out in excess of $3 billion in winnings. Using Cryptologic, a secure financial transaction software provider, it developed several methods to ensure safe and secure online transactions.
A report published in 1998 revealed that online gambling revenues had already reached $834 million. Multi-player gaming soon followed in 1999 last year, which enabled online players to chat, interact and gamble in an interactive online environment.