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Frugl Group Limited ( (AU:IFG) ) just unveiled an update.
InFocus Group Holdings has completed and launched Codexa, a next-generation sweepstakes casino platform developed by its InFocus Gaming Technologies unit, positioning the company as a provider of proprietary iGaming technology in the fast-growing U.S. sweepstakes casino market. Codexa features blockchain-verified fairness, AI-driven personalisation, and a cloud-native architecture, and will initially roll out in a limited U.S. commercial launch under a dual-track strategy of white-label licensing and potential sale of the platform or the entire iGaming business.
The company’s Prodigy9 division secured a role in modernising Thailand’s national social security infrastructure via a project with IRCP, with discussions already underway to significantly expand its scope. Management says the quarter’s cash results reflect a change in Prodigy9’s revenue mix and ongoing R&D investment, while the group continues to refine its cost base and shift further toward enterprise and institutional engagements, signalling a focus on capital discipline during its growth initiatives.
More about Frugl Group Limited
InFocus Group Holdings Limited is an ASX-listed data analytics and software solutions company that has expanded into iGaming technology through its InFocus Gaming Technologies unit. The group also operates Prodigy9, an enterprise software arm with a strong presence in Thailand’s enterprise and government technology markets, focusing on large-scale infrastructure and digital transformation projects.
Average Trading Volume: 1,323,819
Technical Sentiment Signal: Sell
Current Market Cap: A$6.04M
Find detailed analytics on IFG stock on TipRanks’ Stock Analysis page.