Which Casinos Does VGW Operate?
Virtual Gaming Worlds (VGW) operates three sweepstakes casino brands: Chumba Casino, LuckyLand Slots, and Global Poker. These brands have propelled VGW to dominate the sweepstakes casino market, holding over 90% market share according to the market research firm Eilers & Krejcik Gaming.
VGW Casino Alternatives & Competitors
After VGW launched Chumba Casino, the success of the sweepstakes casino model attracted numerous competitors to the market. Here are five notable alternatives to VGW casinos:
Are VGW Casinos Legal In The U.S.?
VGW operates its casinos Chumba Casino, LuckyLand Slots, and Global Poker using a sweepstakes model, which allows them to legally offer games in most U.S. states. Players can purchase virtual Gold Coins for fun and receive bonus Sweeps Coins, which can be redeemed for cash prizes.
This model complies with U.S. sweepstakes laws, distinguishing VGW casinos from traditional online gambling sites. However, VGW’s services are not available in all states, with exceptions including Washington, Idaho, and Montana, where local regulations restrict their operations.
Read more: Are sweepstakes casinos legal in the US?
About Virtual Gaming Worlds (VGW)
Virtual Gaming Worlds (VGW) is a pioneering company in the online gaming industry, best known for its innovative sweepstakes model that has redefined social casino gaming. Founded in 2010 by Laurence Escalante, VGW is headquartered in Malta and has more than 1000 employees worldwide.
In the fiscal year ending June 30, 2023, VGW experienced significant financial growth, with revenue surging 40% to a record $4.84 billion. Despite this impressive revenue increase, the company's net profit fell by approximately 17%, dropping to $377.6 million from $454 million in the previous year.