VGW News 2026
AI-GENERATEDVGW Boosts Alabama Lobbying: $351,000 Poured Into State Politics
Sweepstakes giant VGW has increased its political spending in Alabama to over $351,000 as regulators across the US crack down on the model.
AI-GENERATEDEnd of Sports Betting Monopolies: Analysts Demand Market Opening in the US
Industry analysts are calling for an end to state-run monopolies as data from Washington DC shows handle doubled to over $591 per capita after market opening.
AI-GENERATEDPrediction Market Rulings and Florida Sweeps Lead Gambling Stories To Watch
Litigation updates for Kalshi and Polymarket alongside a sweepstakes crackdown in Florida dominate the industry headlines in August 2026.
AI-GENERATEDVGW Founder Laurence Escalante Steps Down as CEO and Chairman
Laurence Escalante, founder of sweepstakes casino giant VGW, has resigned as CEO and Executive Chairman. This follows ongoing regulatory pressure in the US and personal legal issues for the company, valued at A$3.2 billion in August 2025.
AI-GENERATEDUS States Crack Down on Sweepstakes Casinos: Major Operators Withdraw
After a ban in Indiana, numerous large sweepstakes casino operators, including Chumba Casino and Stake.us, are withdrawing from the US state. The new law came into effect on July 1.