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VGW develops online social casino-style games using proprietary software and technology. It operates platforms such as Chumba Casino, Global Poker, and VGW Play, offering games like Blackjack, Video Poker, Jackpot slots, puzzles, and arcade titles. Revenue comes from in-game purchases of virtual goods or currency, and partnerships with brands like Scuderia Ferrari create branded entertainment experiences. The goal is to grow a global, engaged user base and monetize through virtual goods and brand partnerships across multiple platforms.
Industries
Consumer Software
Entertainment
Gaming
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$9.1M
Headquarters
Perth, Australia
Founded
2010
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Total Funding
$9.1M
Above
Industry Average
Funded Over
1 Rounds
Flexible Work Hours
Hybrid Work Options
Remote Work Options
Health Insurance
Wellness Program
Mental Health Support
Conference Attendance Budget
Professional Development Budget
Stock Options
Company Equity
401(k) Retirement Plan
401(k) Company Match
Phoning/Internet Stipend
Phone/Internet Stipend
Illinois orders 60+ iCasino, sweepstakes companies to cease statewide operations. * Illinois' 60+ letters were sent to brands including Stake and Chumba Casino * Offering online games of chance that award money/value items is illegal in Illinois * The letter sent to VGW brands came after its CEO resigned over a drugs arrest Illinois has ordered over 60 iCasino and online sweepstakes entities, including Stake, to stop offering their products in the state. [Image: Shutterstock.com] Marching orders. Illinois has ordered over 60 iCasino and online sweepstakes entities, including Stake, to stop offering their products in the state. In a coordinated move by the Illinois Gaming Board (IGB) and the Illinois Attorney General's office, the state gambling regulator issued over 60 cease-and-desist letters to firms allegedly operating illegal gaming platforms in the state. Sports betting lawyer Daniel Wallach took to X on Thursday with an image of the cease-and-desist letter made out to Chumba Casino, while also naming Fliff, High 5 Casino, JefeBet, Modo, Pulsz, Sportzino, and VGW as other recipients: The letters demand the offending firms immediately block Illinoisans from accessing their online platforms or from receiving or being offered prizes. Illinois Attorney General Kwame Raoul said those who don't follow the letters' instruction may be "subject to civil or criminal penalties" under state law. Warnings issued. AG Raoul said that companies place Illinoisans "at risk and undermine the integrity of our regulated gaming market." Raoul added his office would continue working with the IGB "to protect our residents and hold illegal operators accountable." antithetical to the public's interest in regulated gaming" IGB Administrator Marcus D. Fruchter, meanwhile, stated in the news release that illegal online operations were "antithetical to the public's interest in regulated gaming." Fruchter warned the IGB would "continue to evaluate all available regulatory and law enforcement tools" in its drive to protect Illinois residents from unlawful gambling. Offering online games of chance, such as slots or table games or online poker, that award money or other items of value represents a violation of Illinois criminal law. Double trouble. Those among the sixty-plus that were sent letters include LuckyLandslots.com, Shuffle.Vegasslotsonline, SweepsLasVegas.com, The Money Factory, ToraTora Casino, and Bovada's JuicySpotSlots. Notable among the culprits was LuckyLandslots.com, a sister brand of Chumba Casino that falls under pioneering casino sweepstakes giant Virtual Gaming Worlds (VGW). VGW came under the media spotlight last week after its CEO Laurence Escalante resigned after he was arrested in Australia for drugs and domestic violence.
WWE VGW partnership brings free-to-play gaming to WWE fans. WWE and interactive gaming company VGW have announced a new multi-year partnership, with the goal of delivering WWE VGW partnership experiences to fans across the United States. The deal will see VGW integrate its free-to-play gaming brands with WWE programming, digital platforms, and major live events. Under the deal, VGW will gain access to top WWE Superstars for themed content, marketing campaigns, and special activations across social media and broadcast platforms. In addition, WWE will showcase VGW's brands on flagship shows such as SmackDown, as well as premium live events including WrestleMania and SummerSlam. This approach aims to connect WWE's global audience with VGW's established player base through regular, interactive content. "WWE is an entertainment powerhouse with a passionate fan community. This collaboration connects our audiences through dynamic content and experiences that combine VGW's love of games with WWE's iconic brand. We're thrilled to be partnering with WWE to deliver memorable campaigns and unique player experiences, while continuing to engage our existing audience in fresh and exciting ways." Meanwhile, WWE Vice President of Global Partnerships Jesse Tomares emphasized that VGW has built a highly engaged community and that the WWE VGW partnership will create "always-on" fan experiences across multiple touchpoints. According to VGW, the partnership will officially launch in the coming weeks, with several major campaigns already in development. The company's leading game brands include Chumba Casino, Global Poker, LuckyLand Slots, and LuckyLand Casino, which are expected to play a central role in upcoming WWE-themed activations.
VGW is preparing to launch two new sweepstakes casinos: LuckyLand Casino & United Slots. Sweepstakes casino operator VGW is preparing for a significant refresh to its portfolio as it's moving forward with launching two new platforms, LuckyLand Casino and United Slots, as the company pulls back from over a dozen states. The two new platforms signal a strategic repositioning for VGW as the company evaluates the future of its existing products and adapts to shifting regulatory pressure. Amid the upcoming debut of the two new sites, VGW is also likely to discontinue its popular LuckyLand Slots sweepstakes casino. The platform is one of three currently active VGW sites, together with Chumba Casino and Global Poker. LuckyLand Casino: VGW's new flagship brand. VGW confirmed the upcoming launch of LuckyLand Casino in comments to Sweepsy, describing the new platform as a significant expansion of the LuckyLand ecosystem. As VGW told the publication: "VGW is excited to be launching LuckyLand Casino, a vibrant new social casino with dazzling games, social live casino, thrilling jackpots, and industry-leading customer protections." It's still unknown how many and what type of games the new platform will launch. However, the company informed Sweepsy that it would offer instant win games, blackjack, roulette, and baccarat. Additionally, the platform will feature social live casino games, including Quantum Roulette, Spin a Win, and Adventures Beyond Wonderland, all Playtech titles. VGW Games Limited's Malta Gaming Authority license (MGA/B2C/188/2010) also authorizes the operator to offer bingo and peer-to-peer game types. It lists a broad range of permitted game providers across all VGW sites under the license. They include Playtech, Relax Gaming, Swintt, Slotmill, G Games, and 1X2 Network. However, the license does not specify which providers will supply LuckyLand Casino. New platform could replace LuckyLand Slots. The company also addressed the future of the existing LuckyLand Slots platform: "VGW is considering its options for LuckyLand Slots, which was launched in 2018 following an acquisition... While no decisions have been made as yet, VGW is committed to full transparency with LuckyLand Slots players and providing any relevant updates over time. VGW constantly reviews its portfolio to ensure its brands retain both their industry-leading appeal and consumer protections." VGW indicated that the new platform's inclusion of "Casino" rather than "Slots" reflects "an enhanced, broader experience for players seeking a wide range of free-to-play games and features." Notably, under the Malta Gaming Authority's "Dynamic Seal of Authorisation," LuckyLand Slots no longer appears. At the same time, LuckyLand Casino is there. LuckyLand Slots' removal from the MGA dynamic seal reinforces speculation that the brand may be replaced or phased out. United Slots quietly emerges. In addition to LuckyLand Casino, VGW has begun laying the groundwork for a second new platform: United Slots. VGW filed a US trademark application for UNITED SLOTS on November 12, and the brand appears among the domains registered under the company's Malta license. The site is live online, but unlike the LuckyLand Casino site, terms and conditions and pre-registration are not yet available. That indicates the platform is likely to launch after LuckyLand Casino. The parallel development of LuckyLand Casino and United Slots suggests VGW is moving toward an expanded multi-brand sweepstakes strategy - potentially replacing, consolidating, or supplementing elements of its current portfolio. The move won't be unprecedented, as some competitors, such as B2Services and A1 Development, operate a higher number of platforms. US market pressures shape VGW's direction. The dual-platform expansion arrives as VGW navigates a challenging period for sweepstakes casinos in the U.S. The company recently ended Sweeps Play in West Virginia and is currently conducting a similar phased-out exit in Tennessee. With those exits, VGW's platforms will be inactive in 13 states, with eight of those exits coming in 2025. The company is also facing regulatory enforcement pressure in Maryland and Minnesota, which could further limit the company's footprint. Furthermore, California banned sweepstakes casinos effective January 1, 2026. That will be a significant blow for VGW as the state represents a large share of the US revenue for the sector. This increasingly hostile regulatory climate for sweepstakes casinos has reshaped the competitive landscape. It's forcing operators, including VGW, to reconsider product design, licensing structures, and long-term US exposure. Shift to private ownership under Escalante. VGW's strategic repositioning is likely due to a major corporate restructuring. In August, shareholders approved CEO Laurence Escalante's A$3.2 billion bid to take the company private. The approval followed months of internal debate over governance, valuation, and how VGW should respond to regulatory risk. Escalante has insisted that taking VGW private will provide the company with more flexibility to respond to regulatory and competitive risks, particularly in the U.S. Private ownership now gives VGW greater flexibility to launch new brands, shift jurisdictional strategies, and restructure its product offerings without the disclosure burdens of a listed entity. Chavdar Vasilev is a journalist covering the casino and sports betting market sectors for CasinoBeats. He joined CasinoBeats in May 2025 and reports on industry-shaping stories across the US and beyond, including...
VGW shareholders approved founder Laurance Escalante's takeover offer, allowing the company to go private amid US regulatory scrutiny. At a meeting, 85.04% of shareholders, including 91.31% of minority shareholders, supported Escalante's bid to acquire the remaining 30% of shares for A$5.05 ($3.26) each, valuing VGW at A$3.2 billion ($2.1 billion). The deal, via Ocean BidCo Limited, is expected to be fully implemented by August 20, ending tensions over governance and regulatory issues.
VGW is set to go private after shareholders approved a A$3.2 billion (€1.8 billion) buyout by CEO Laurence Escalante, who will acquire full ownership. The move, driven by Escalante's frustration with minority shareholders and regulatory pressures in the US, allows VGW to operate with more flexibility. The company plans to re-domicile in Guernsey for tax benefits and reduced reporting obligations, pending Federal Court approval, with completion expected by 20 August 2025.
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Industries
Consumer Software
Entertainment
Gaming
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$9.1M
Headquarters
Perth, Australia
Founded
2010
Find jobs on Simplify and start your career today