This term refers to the ambient of a party/social gathering that has evolved (through use of substance and lack of judgment) into a setting for salaciousness and other forms of debauchery.
In George Lucas' (1983) Return of the Jedi, we see that the palace is home to a plethora of deviants from all corners of the galaxy thus promoting indulgences from many different worlds.
"Hey did you go to toms house party last week?"
"Yeah, that joint was like Jabba's palace, I think I may have caught something from one of the girls there." *scratches crotch*
Fogey/fogy /fougi/ sl. (early 18C+, orig. Scot) old-fashioned, stuck-in-the mud.
Person with old fashioned ideas which he is unwilling to change: Come to the disco and stop being such an old fogey!
You think me an old fogeyand an old tory, his thoughtful voice said. I saw three generations since O’Connel’s time. I remember the famine. Do you know that the orange lodges agitated for repeal of the union twenty years before O’Connel did or before the prelates of your communion denounced him as a demagogue? You fenians forget some things. (James Joyce, Ulysses. Penguin Books,1992. p. 38)