Shareholders in Laurence Escalante's VGW have backed his family's office acquisition of the business, which gives the billionaire almost full ownership of the gaming company.
Shareholders in Laurence Escalante-backed surveillance company icetana AI have benefitted from a sixfold increase of the firm's share price, after a deal with a Japanese tech giant.
Laurence Escalante's online gaming company VGW Holdings has paid out more than $190 million as an interim dividend this month, as the founder seeks to buy out minority stakeholders.
Perth ‘rich lister' Laurence Escalante plans to borrow $1.4 billion to buy out minority shareholders in VGW in a deal that values his online gaming business at $3.2 billion.
Laurence Escalante could more than double his stake in AI-driven surveillance company icetana and become its largest shareholder, as the company gears up to enter Iraq.
The founders of service provider to rich families Squadron Collective and its fund manager Fiftyone Capital – initially backed by Laurence Escalante – have ended up in a court battle over control and ownership.
Perth-based artificial intelligence surveillance software company icetana AI shares are up 44 per cent in the five days since it released strong quarterly results.
Online gaming company VGW has continued to deliver for shareholders, led by founder Laurence Escalante, with its latest dividend bringing the financial year total to $360 million.
WA billionaire and supercar enthusiast Laurence Escalante has unveiled his latest venture, moving into the luxury automotive business with Lance East Exotics.
Entrepreneur Vikas Rambal's $4.4 billion fortune leads a group of dozens of new names to be recognised for their wealth generation in the inaugural Business News Rich List.
Gaming tech firm VGW has posted a $207 million profit for the first half of the financial year, describing it as a pleasing result in a challenging environment with increased competition.
Laurence Escalante more than doubled his stake in artificial intelligence software firm icetana, joining global technology giant Macnica Inc and another rich-lister, Peter Meurs.
Gaming technology company VGW reported big revenue gains to almost $4.84 billion in the past year on the back of a significant marketing spend, but profit was down.
Perth's largest and most profitable tech company, VGW Holdings, has announced a share buy-back for investors wanting to cash in their holdings but has no plans for an IPO.
Perth-based gaming company VGW Holdings has confirmed it is likely to pursue an IPO in North America after reporting another spectacular lift in annual profit to $454 million.
Gaming entrepreneur Laurence Escalante has acquired almost 10 per cent of software business icetana as part of a changing of the guard in major support.
Perth gaming billionaire Laurence Escalante and US venture capital fund Dream Ventures have contributed to a $7 million capital raising by fast-growing local startup WeMoney.
Resources billionaire Gina Rinehart has been named Australia's wealthiest person for a third consecutive year, followed closely by fellow Western Australian and iron ore magnate Andrew Forrest.
As one of only a handful of aviation lawyers in town, Rebecca Johnston's latest gig has been helping ‘dream client' and VGW founder Laurence Escalante secure a Bombardier 7500.
Privately-owned Perth tech company VGW Holdings has continued its spectacular growth, reporting a 63 per cent surge in revenue and a half-year profit of $308 million.
New data details the expansion of Andrew and Nicola Forrest's private company, Tattarang. Click through to see our latest ranking and analysis of Western Australia's largest private companies.
Perth-based online gaming company VGW Holdings raked in $2.2 billion in revenue and $295 million profit in FY21, financial statements lodged with ASIC this week reveal.
