#3184

Laurence Escalante

Australia 44 years old

Overview

Source of Wealth: gaming
Industry: Gambling & Casinos
Residence: Perth

Biography

Laurence Escalante is the founder and CEO of Australia-based interactive entertainment company Virtual Gaming Worlds (VGW).

Founded in 2010 from Escalante's basement in Perth, VGW through its online casinos Chumba Casino, LuckyLand Slots, and Global Poker primarily targets the U.S. market.

VGW reported close to $4 billion in revenue for 2024.

In 2025, Escalante acquired shares owned by minority shareholders in a deal valuing the company at over $2 billion.