VGW Holdings

A group of entrepreneurs from seven Western Australian technology businesses are heading to North America next week as part of a new program founded by Deloitte designed to build overseas networks for the state’s startup sector.

The tech sector in WA is slowly maturing and the focus on startups is laying the groundwork for future growth.

A series of coding workshops run by Perth{web}Girls has attracted a high level of interest from women in Perth, with nearly 700 registrations for upcoming events.

Perth-based online gaming company VGW Holdings, founded by ‘young rich lister’ Laurence Escalante, has achieved spectacular revenue growth over the past year and reported its maiden net profit.

SPECIAL REPORT: Western Australia’s iron ore industry has reshaped the BNiQ ranking of the state’s largest private companies.

Perth tech company VGW Holdings has reported spectacular growth in annual revenue and profit from its online gaming operations, with shareholders rewarded with a bumper dividend.

The ranking of WA’s largest private companies has changed dramatically over the past decade.

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.

Limitless WA: Spacecubed has helped build Perth’s tech scene, having invested in 26 companies now worth more than $80 million combined.

New research covering more than 600 businesses paints the most detailed picture assembled of WA’s startup and tech sectors.

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.

The businesses that dominate the unlisted landscape are very different from 20 years ago.

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.

Believe it or not, the conditions for diversification are here.

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.

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.

Family offices are becoming more prominent in the investment space.

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-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.

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.

Mark Beyer and Jordan Murray provide a market update and discuss interest rates, house prices, resources sales figures, Chevron, VGW Holdings and Kevin Brown.

Our updated ranking of WA’s largest and most profitable private companies has a mix of familiar and little-known names.

U Group is building momentum in its bid to become Perth’s next unicorn.

Perth-based online gaming company VGW Holdings has struck a deal to sponsor high profile Formula 1 racing team Ferrari.

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.

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.

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.

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.

The gaming technology company is planning to occupy the top three levels of Brookfield’s under-construction Elizabeth Quay tower.

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.

WA billionaire and supercar enthusiast Laurence Escalante has unveiled his latest venture, moving into the luxury automotive business with Lance East Exotics.

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.

OPINION: WA’s startups and scale-ups have hit a record valuation, but continued investment is needed.

Laurence Escalante’s Virtual Gaming Worlds has grown its profit by 30 per cent to $492 million, while also spruiking a recent acquisition.

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.

Laurence Escalante’s Virtual Gaming World will cease operations in Nevada from April next year, amid ongoing regulatory scrutiny across the US.

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.

There have been big shifts in the ranking of WA’s largest, and most profitable, private companies over the past year.