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InFocus Secures $3.25M iGaming Platform Development Contract

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InFocus Secures $3.25M iGaming Platform Development Contract

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An update from Frugl Group Limited ( (AU:IFG) ) is now available.

InFocus Group Holdings Limited has been appointed as the exclusive technology partner by TG Solutions Consulting Ltd to develop an end-to-end iGaming platform for white-label distribution, valued at USD 3.25 million over 24 months. This contract highlights InFocus’s strategic positioning at the intersection of big data, fintech, and cybersecurity, and includes innovative features such as a dynamic market-driven odds platform and cryptocurrency payments. The project allows InFocus to retain intellectual property rights, potentially opening additional revenue streams, while avoiding regulatory risks associated with the gaming product.

More about Frugl Group Limited

InFocus Group Holdings Limited (IFG) is a data intelligence and software solutions company specializing in data analytics, software and platform development. It operates through four business units: InFocus Analytics, the Frugl Grocery app, and consultancy houses Onify and Prodigy9, offering capabilities in cybersecurity, artificial intelligence, machine learning, and team augmentation.

Average Trading Volume: 5,936,382

Technical Sentiment Signal: Sell

Current Market Cap: A$1.31M

For an in-depth examination of IFG stock, go to TipRanks’ Stock Analysis page.

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