Laurence Escalante's VGW Holdings has seen a 19 per cent increase in revenue to $7.3 billion from rising online gaming, pushing net profit up by a third to more than $650 million.
Perth-based surveillance software firm icetana AI has raised $4 million in an oversubscribed placement to continue its growth in key markets like Japan and the Middle East.
Police have decided not to pursue the assets of tech billionaire Laurence Escalante, who is facing drugs and assault charges brought against him in January.
A Northbridge software firm, backed by John Poynton and previously known for developing a grocery price comparison tool, will attempt to take on the likes of VGW with a new gaming offering.
This week's appointments include Mats Johnson, Andy Wood, Eimear Fanning, Kelly Stark, Nicole Cikarela, Andrea Pidcock, Lee Schofield, Kylie Ashenbrenner, David Fraser, Jon Gidney, Maryna Fewster, Hannah Fitzhardinge, and John Lee.
Gaming giant VGW has appointed Mats Johnson as acting chief executive officer after its embattled billionaire owner Laurence Escalante stepped away to deal with drugs and assault charges.
Police are considering whether they can confiscate assets from tech billionaire Laurence Escalante if he is convicted over a raft of drugs and assault charges brought against him last week.
UPDATED: Laurence Escalante is stepping down as CEO of online gaming giant VGW after he appeared in a Perth court, accused of eight family violence, drug and burglary offences.
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.
Shares in Laurence Escalante-backed icetana AI have shot up 26 per cent today after it posted its strongest revenue growth in over four years.The self-learning security artificial intelligence s
Shareholders in Laurence Escalante-backed surveillance company icetana AI have benefitted from a sixfold increase of the firm’s share price in a month, after it inked a deal with a Japanese t
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.
Escalante-backed icetana AI has inked a partnership deal with leading global tech company SoftBank Robotics, as it gears up to enter Japan.The multi-year partnership includes four strategic agre
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.
Perth billionaire Laurence Escalante could more than double his stake in AI-driven surveillance company icetana AI and become its largest shareholder, as the company gears up to enter Iraq.Mr Es
Perth-based investment company Perron Group has reported another big profit while flagging plans to diversify its portfolio, anchored by property assets like Central Park and Cockburn Gateway.
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.
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.
In this podcast, Mark Beyer and Mark Pownall discuss house prices; interest rates; Monadelphous buy; Tasmea IPO; infrastructure blowouts; Liontown; VGW; interesting property deals; labour market shortages and IR reform.
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.
Mark Beyer and Jordan Murray provide a market update and discuss interest rates, house prices, resources sales figures, Chevron, VGW Holdings and Kevin Brown.
Simone Grogan discusses her work covering the bedrock industry and talks about the challenges that faced WA's public resources companies in the past year.
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.
