Perth’s Virtual Gaming Worlds has flagged a preference for listing in the US instead of at home, as the online social gaming provider announced a record pre-tax profit of $358 million in 2020-21.
In a financial year full of lockdowns across VGW’s main market of the United States, boredom or hopes of financial salvation drove players to VGW’s suite of online pokies, poker and blackjack tables in unprecedented numbers.
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Michael Bailey writes on arts and culture, and edits Weekend Fin. He is a former editor of the Financial Review Rich List. He is based in Sydney. Connect with Michael on Twitter. Email Michael at m.bailey@nine.com.au
