Laurence Escalante, the mastermind behind one of the largest online gaming empires in Australia, has set his sights on a new venture as profits continue to soar. Escalante, the founder and CEO of Virtual Gaming Worlds (VGW), has recently expanded his business into the lucrative world of lottery services, a move that has already begun to pay off in a big way.
VGW, which is best known for its flagship social casino platform Chumba Casino, has experienced exponential growth in recent years, with its user base reaching millions of players worldwide. The success of Chumba Casino has enabled Escalante to shift his focus to other avenues of revenue, including lottery offerings that have proven to be immensely popular among gamers of all ages.
The decision to enter the lottery market was a strategic one for Escalante, who saw an opportunity to diversify VGW’s portfolio and tap into a new source of revenue. With the global lottery industry estimated to be worth over $300 billion annually, Escalante recognized the potential for significant profits in this sector.
Since launching its lottery services, VGW has seen a surge in profits, with revenue increasing by over 50% in the first quarter of operation. The company’s innovative approach to online lotteries has set it apart from competitors, offering players a unique and engaging gaming experience that has garnered rave reviews from customers.
Escalante’s decision to expand VGW’s offerings into lotteries has been met with excitement and optimism from investors, who see the move as a savvy business move that will further solidify the company’s position as a leader in the online gaming industry. With profits on the rise and a growing customer base, VGW is poised for continued success in the coming years.
In addition to its lottery services, VGW has also announced plans to launch new gaming platforms and expand into new markets in the near future. Escalante’s vision for the company is one of continued growth and innovation, with a focus on providing players with cutting-edge gaming experiences that set VGW apart from the competition.
As VGW continues to thrive and expand its reach, Laurence Escalante’s gaming empire is poised for even greater success in the years to come. With a proven track record of success and a laser focus on innovation, VGW is well-positioned to remain at the forefront of the online gaming industry for years to come.
