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VGW, the Australian parent company of Chumba Casino, has increased its financial support of Alabama gubernatorial candidate Tommy Tuberville, pushing its total contributions past $100,000.
In April, Casino.org reported that VGW had contributed $30,000 to Tuberville’s 2026 gubernatorial campaign.
New financial disclosures from the Alabama Secretary of State’s Office show that VGW gave the campaign another $100,000, bringing the firm’s total contributions to $130,000. The latest check, dated Aug. 31, came from the Chumba Casino, Global Poker, and LuckyLand Casino operator.
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Prediction market operators are on legal losing streaks, confirming that Beynon is onto something when he says the regulatory environment is the biggest risk facing the industry.
“We continue to view regulation as the largest risk to prediction markets,” says the analyst. “While industry growth remains robust, adverse legal outcomes could materially impact sports contract availability and long-term adoption.”
Amid a string of losses in federal appellate courts, it appears increasingly prediction markets are angling to take their cases to the U.S. Supreme Court, banking that the high court will allow them to continue offering sports event contracts free of state gambling regulations.
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Manchester United vs. Real Sociedad (Agg 4-0) (8pm GMT kick-off)
AC Milan vs. Red Star Belgrade (Agg 2-2) (8pm GMT kick-off)
PSV Eindhoven vs. Olympiakos (Agg 2-4) (8pm GMT kick-off)