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The latest announcement is out from Frugl Group Limited ( (AU:IFG) ).
InFocus Group Holdings has launched a global technical preview of Codexa, its in-house developed sweepstakes casino platform, via the goldante.com site as a white-label showcase. The platform, optimized for the North American market and compliant with U.S. sweepstakes regulations, offers full functionality in the United States and limited game previews internationally, though commercial features like virtual currency purchases and prize redemptions are initially disabled.
Codexa is engineered with a proprietary RNG, blockchain-verified fairness, AI-driven player personalisation, and high-concurrency cloud infrastructure, positioning it to compete with leading sweepstakes platforms. InFocus plans a multi-track commercialisation strategy, including white-label licensing, managed services, potential sale of the platform or the IFG iGaming unit, and limited U.S. commercial operations, targeting a U.S. market that generated about US$3.4 billion in net operator revenue in 2024.
The most recent analyst rating on (AU:IFG) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Frugl Group Limited stock, see the AU:IFG Stock Forecast page.
More about Frugl Group Limited
InFocus Group Holdings Limited is a data analytics and software solutions company that has expanded into iGaming through its InFocus Gaming Technologies unit. The company focuses on developing proprietary, institutional-grade platforms for the online sweepstakes casino market, with a particular emphasis on the rapidly growing U.S. and broader North American online entertainment sector.
Average Trading Volume: 1,137,221
Technical Sentiment Signal: Sell
Current Market Cap: A$5.37M
Learn more about IFG stock on TipRanks’ Stock Analysis page.