Sweststakes will withdraw from Canada to focus on the American market

Photo of author

By [email protected]


The lottery Canada against the United States. Sweststakes will withdraw from Canada to focus on the American market

Sweepstakes giant for virtual games (VGW) has confirmed that it will leave Canada to focus on the United States this fall.

VGW, the parent company of Chumba and Global Poker, will withdraw from the Canadian market from October 23 on the upward. This will allow the company to focus on the most profitable US market – though More and more states that prohibit left casino games. The players have already been informed of the next change.

This comes after I mentioned VGW 6.13 billion dollars in the total global revenue And 491.6 million dollars of profits at the end of the fiscal year 2024/25 on June 30, 2025.

“We can confirm that after a careful study, we have informed the players of the decision to gradually get rid of our brands that offer products in Canada (Chumba Casino and Global Poker),” a VGW spokesman told Readwrite. “We understand that this is an amendment after many years and our Canadian players may disappoint.

“This decision has not been taken lightly and focused on ensuring that the players are completely informed of the changes, and that this transition is as smooth as possible.

“In the end, this is a difficult but strategic and isolated decision. Our Canadian business is relatively small, as the vast majority of our players reside in the largest United States market, where we will focus on our administrative focus, resources and investment.”

VGW in the United States

There are many legal obstacles facing VGW at the present time, with Current lawsuits And announced again in May that the company will be The lottery games in New YorkFollowing it is the interruption of operations in New Jersey A few months later in July.

Such issues may be what the company wants to focus its “administrative focus, resources and investment” in the future. Legal battles and pressure for support are expensive efforts, which can be more easily followed up with the funds that have been released from withdrawal from Canada.

Distinguished Image: Midjourney

Pamphlet Sweststakes will withdraw from Canada to focus on the American market First appear on reading.





[og_img]

Source link

Leave a Comment