TLDR Chumba Casino generated A$5.2 billion ($3.7 billion) in revenue for the financial year ending June 2025, up 25% from the prior year Parent company VGW posted A$7.3 billion ($5.2 billion) in total revenue, a 19% year-over-year increase, with profit rising 33.5% to A$656 million Founder Laurence Escalante took VGW private at a reported A$3.2 billion valuation after shareholders approved his buyout in August 2025 VGW now faces bans or restrictions in up to 16 U.S. states, up from just 4, and has exited Canada Escalante stepped back as CEO earlier this year after being arrested and charged with family violence and drug-related offenses in Australia
Chumba Casino, one of the biggest sweepstakes casinos in the United States, brought in A$5.2 billion ($3.7 billion) in revenue during the financial year ending June 30, 2025. The figures were filed on May 22 with Australia’s corporate regulator.
The results show a roughly 25% jump from the A$4.16 billion Chumba reported in the prior financial year. The growth came as the broader sweepstakes casino market in the U.S. continued to expand.
Parent company VGW, which also runs LuckyLand Slots, LuckyLand Casino, Global Poker, United Slots, and Monopoly Match, posted total revenue of A$7.3 billion ($5.2 billion). That marked a 19% increase year-over-year.
Profit at VGW rose 33.5% to A$656 million, up from A$491.6 million the year before. The company also held roughly A$1 billion in cash at the end of the financial year, nearly double the A$548.5 million it held in June 2024.
VGW Goes Private Under Escalante’s Buyout
The financial results were filed ahead of founder Laurence Escalante’s successful push to take VGW private. He first approached the board about an acquisition in November 2024.
His initial offer was turned down. A higher bid followed. In August 2025, shareholders