04/26/2012 : AUSSIE ONLINE GAMBLING START-UP LAUDED IN SAN FRANCISCO
Google developer advocate opines Virtual Gaming World could have a real winner in Chumba World
An Aussie software company from Perth with an innovative game platform that enables the creation and monetisation of virtual casinos in the social gaming environment has made an impression in the run up to the GIGSE conference in San Francisco this week after featuring in the Launch Festival last month.
Later this week Virtual Gaming World will again be the focus of attention when it presents its Chumba World product at the GIGSE Start-up Launchpad.
A member of Launch Festival's grand jury, Don Dodge, who is also a Google developer advocate, told the audience: "If I were them, I would go full bore on doing it worldwide, introduce a legal, no-money game in the US to build audience, and then when it's legal, flip it on, and they're a multi-billion dollar company."
"Participating in the inaugural Startup Launchpad at GiGSE will allow us to release our innovative game platform in front of the key players in the i-gaming and land-based gaming industries," said Laurence Escalante, founder and CEO of Virtual Gaming Worlds, which is currently preparing a prospectus for an unlisted A$5 million initial public offering in Australia.