Founder of the world's largest sweepstakes holding VGW faces 9 more charges
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Founder of the world’s largest sweepstakes holding VGW faces 9 more charges during the second court hearing
In addition to the existing charges on 8 counts, Lawrence Escalante has received 9 more related to substance possession. Thus, the total number of charges has reached 17, including breaking and entering and domestic violence.
On the night of January 26, Escalante broke into his ex-girlfriend’s house, assaulted her, and took jewelry. Four days later, police arrived at his home with a search warrant and found a lot of interesting things.
Escalante denies all charges.
VGW is the world’s largest sweepstakes operator (Chumba Casino, LuckyLand Slots, Global Poker). The company’s revenue in 2024 was $4.3bn. Lawrence Escalante’s net worth is estimated at $1.1bn.
Notably, this month Escalante was not included in Forbes’ list of the 50 richest people in Australia, although he ranked 35th last year.
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