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IXUP Ltd. ( (AU:IXU) ) has provided an announcement.
IXUP Limited has announced a two-year extension of its exclusive BetStop™ NSER contract with the Australian Communications and Media Authority, expected to generate at least $4.25 million annually. This extension highlights IXUP’s RegTech division as a key growth driver, reinforcing its financial stability and leadership in responsible gaming technology, with significant growth potential both in Australia and internationally.
More about IXUP Ltd.
IXUP Limited is a leading Regulated Gaming Technology (RegTech) company, specializing in innovative technologies to combat problem gambling. Their solutions, including the BetStop™ National Self-Exclusion Register, empower individuals to self-exclude from licensed interactive wagering services, aiming to mitigate gambling addiction. IXUP focuses on delivering secure and scalable responsible gambling technologies globally, leveraging expertise in data security and compliance.
Average Trading Volume: 1,005,569
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$20.32M
For a thorough assessment of IXU stock, go to TipRanks’ Stock Analysis page.