tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Dataworks’ BetStop Achieves Milestones in Reducing Gambling Harm

Story Highlights
Dataworks’ BetStop Achieves Milestones in Reducing Gambling Harm

TipRanks Cyber Monday Sale

The latest update is out from IXUP Ltd. ( (AU:DWG) ).

Dataworks Group Limited has welcomed new research from the Australian Communications and Media Authority (ACMA) highlighting the effectiveness of BetStop – The National Self-Exclusion Register (NSER). The research, conducted by ORIMA, reveals that a significant majority of NSER users reported improvements in quality of life, mental health, and personal relationships, with 96% reducing or stopping online wagering. Since its launch in August 2023, more than 50,000 Australians have registered with BetStop, which has processed over 31 billion real-time verification checks. The findings reinforce the NSER’s role as a critical consumer protection initiative and validate Dataworks’ technology as a robust and scalable solution for reducing gambling-related harm. The company’s experience positions it well for potential future adoption of similar models by other regulatory bodies.

More about IXUP Ltd.

Dataworks Group Limited is a leading provider of centralised self-exclusion (CSE) systems for the iGaming industry. The company operates two real-time CSE systems globally, including Australia’s BetStop – The National Self-Exclusion Register and Ontario’s province-wide CSE register, showcasing its unique capability in deploying national-scale harm-minimisation platforms.

Average Trading Volume: 99,275

Technical Sentiment Signal: Sell

Current Market Cap: A$5.77M

See more insights into DWG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1