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Business
September 18, 2024
VGW Reports Stellar Profits Despite Market Setbacks
Laurence Escalante’s gaming powerhouse, Virtual Gaming Worlds (VGW), has maintained its upward trajectory, booking a net profit of $492 million for the year up to 30 June. This figure represents a 30% climb from last year as the operator realized a record revenue of $6.1 billion. Despite regulatory challenges in its US market, the business […]
Industry
September 6, 2024
Sweepstakes Operators Join Forces to Form the SPGA
Eleven sweepstakes operators have joined forces to form the Social and Promotional Gaming Association (SPGA), a body that will promote responsible sweepstakes gaming. The Body Will Promote Innovation and Integrity The SPGA, according to the official announcement, is “dedicated to providing stakeholder education and advocating for the responsible operation of social and promotional games, sometimes […]
Business
September 5, 2024
Novig Launches Sweepstakes Platform in the US
Novig, an ambitious sweepstakes startup, has launched in 42 US markets and Washington DC. Despite the somewhat controversial nature of sweepstakes, the prediction operator hopes to disrupt the market with innovative content that doesn’t put customers at a disadvantage. Novig Makes Big Promises Novig’s nationwide launch hopes to channel thousands of players who have been […]
Casino
August 20, 2024
Virtual Gaming Worlds Set to Exit Delaware as Pressure Mounts
The Delaware Lottery has now reportedly asked Virtual Gaming Worlds (VGW), an operator of sweepstakes businesses, to withdraw from the state. The company is known for such popular brands as Luckyland, Global Poker, and Chumba Casino, all of which used the sweepstakes model to continue doing business without seeking an official gambling license. Virtual Gaming […]
Industry
August 20, 2024
AGA Blasts Sweepstakes Businesses in New Industry Memo
The American Gaming Association (AGA), a trade group that has ratcheted up the talk against illegal gambling in the United States and has gone after the likes of Bovada and BetOnline, has now issued a new memo in which it lambasts the sweepstakes sector and questions its legitimacy. Sweepstakes Businesses Come Under Increased Scrutiny The […]
