Gambling mogul lists superyacht at $10m, starts retailing supercars

Gambling mogul Laurence Escalante is selling 19 luxury supercars, individually worth millions of dollars, saying he is starting a luxury motor dealership. He is also selling one of his superyachts for a cool $10 million.

Mr Escalante has built his company, Virtual Gaming Worlds, into one of the largest non-listed businesses in Australia, with a fortune of some $3.9 billion, according to the Financial Review Rich List. VGW operates primarily in the US, running the wildly popular Chumba Casino and offering online poker machine-like games.