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Gambling News - 'Vgw'
Legal
November 4, 2024
Connecticut Resident Takes VGW to Court over “Unpermitted Techniques”
As the wider crackdown on the US sweepstakes sector continues, individuals continue to seek restitution for the money they spent on what regulators call “illegal gambling” or damages because of alleged underhanded tactics. In a recent lawsuit in Connecticut, a resident complained that one such platform took his money while inducing him to continue playing. […]
Legal
November 1, 2024
Connecticut Takes Sweepstakes Operator VGW to Court
Sweepstakes powerhouse VGW continues to face legal and regulatory in the United States amid pushback against the overall sweepstakes sector. This time, the operator was slammed with a class action lawsuit in Connecticut. VGW Faces Class Action in Connecticut VGW received a cease-and-desist letter from the Connecticut Department of Consumer Protection earlier this year and […]
Legal
October 16, 2024
VGW Scores Legal Mini-Win in Georgia But the War’s Not Over Yet
Daniel Wallach, a US gaming law and sports betting attorney, announced that VGW, one of the leading sweepstakes operators in America, has scored a legal mini-win in Georgia. A Small Win for VGW Citing an order published on October 15, Wallach pointed out that the operator has succeeded in keeping its gambling loss lawsuit in […]
Legal
October 10, 2024
VGW Appeals Order to Remand Sweepstakes Lawsuits in Tennessee
Sweepstakes casino operator VGW has appealed a judge order in Tennessee that remanded sweepstakes lawsuits back to state court. The lawsuits concern players who seek to recover their losses from unlicensed sweepstakes operators. VGW Is Bullish on Protecting Its Interests According to gambling law expert Daniel Wallach, VGW has appealed the order which remanded the […]
Industry
October 2, 2024
VGW Exits Connecticut Amid Pushback Against Sweepstakes
VGW Holdings, a leading operator of sweepstakes games, has ceased its operation in Connecticut following a cease and desist order from the Connecticut Department of Consumer Protection. This comes amid an increased pushback against the controversial sweepstakes industry. VGW Holdings Exited Connecticut The Connecticut Department of Consumer Protection sent a letter to VGW in February […]
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 […]