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Gambling billionaire Escalante in expletive-ridden rant to investors

Primrose Riordan

Perth gambling billionaire Laurence Escalante told investors to sell their shares in his online gaming business Virtual Gaming Worlds if they don’t trust him, in an expletive-ridden response to concerns about diminishing disclosure.

The outburst is Escalante’s second within the past few weeks. In April, he took to Instagram to say “vindictive selfish b*tches have made incredibly destructive rumours” about his personal life.

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Primrose Riordan covers private companies and family offices from the AFR's Sydney newsroom. Primrose was previously a correspondent for the Financial Times and covered foreign affairs and politics in Canberra. Primrose has won multiple awards for her journalism including from The National Press Club, SABEW in the US and Press Gazette in the UK. Message Primrose on Signal: https://tinyurl.com/PrimroseSignal Connect with Primrose on Facebook and Twitter. Email Primrose at primrose.riordan@afr.com

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    Original URL: https://www.afr.com/companies/games-and-wagering/gambling-billionaire-escalante-in-expletive-ridden-rant-to-investors-20250507-p5lx8o