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IXUP Limited (ASX:IXU)

ALERT: Price-sensitive ASX Announcement for IXU
Current share price for IXU : $0.009 -0.001 (-10%)+
Announcement
Release
4 Mar 2025 8:35AM
Price at Release
$0.010
Full Release
download
Summary
IXUP Limited has secured an early two-year extension of its exclusive contract for the BetStop National Self-Exclusion Register (NSER) with the Australian Communications and Media Authority (ACMA), effective until June 30, 2027. This extension is a testament to IXUP's operational success, having achieved significant milestones since the NSER's launch in August 2023, including over 38,000 enrollments and 22.2 billion checks performed, along with maintaining 100% uptime and quick response times. The contract's extension underscores IXUP's leadership in responsible gaming technology and provides a framework for potential future extensions based on continued strong performance.
Key Points
  • IXUP achieves an extension of the BetStop NSER contract with ACMA to June 30, 2027.
  • The extension provides revenue certainty and potential for future extensions based on ongoing performance.
  • Over 38,000 users have enrolled in the NSER, with 22.2 billion checks performed.
  • The system has maintained 100% uptime and response times of less than 5 milliseconds.
  • IXUP's performance has been recognized with the Regulatory Excellence Award in Rome in October 2024.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.