Parasol runs PartyGaming with her husband, Russell DeLeon, who together have a 32 percent stake in the company. Parasol’s other past endeavors include partial ownership of 1-900 phone service Starlink Communications, several porn sites and, most notably, the founding of Starluck Casino in 1997, which quickly grew into a vast network of sites known today as. She then went on to advise Ian Eisenberg, another phone sex industrialist, who made millions in a fake rebate check scheme that eventually led to a lawsuit from the Federal Trade Commission and a $17 million judgment. The former attorney got her start in adult when she joined her father’s phone sex business in the1990s.
GIBRALTAR - That Ruth Parasol has used sex and gambling to make money should be no big surprise to anyone in the industry, until they recognize exactly how much she has made.Īccording to Forbes Magazine, Parasol is worth an estimated $1.8 billion these days, putting the Northern, California-born mother of two at the 164th slot on the Forbes 2005 list of the wealthiest Americans, tying with entrepreneur Stephen Wynn and Slim-Fast founder Daniel Abraham.
