InFocus Secures USD 3.25 Million Contract to Develop Innovative iGaming Tech
InFocus Group Holdings has secured a $3.25 million contract to develop a cutting-edge white-label iGaming platform for Taiwanese firm TG Solutions, marking a significant expansion into the digital gaming sector.
- Exclusive technology partner to TG Solutions for iGaming platform
- Contract valued at USD 3.25 million over 24 months
- Platform features dynamic market-driven odds and blockchain integration
- InFocus retains intellectual property ownership
- No regulatory or compliance risk exposure for InFocus
Strategic Expansion into Digital Gaming
InFocus Group Holdings Limited (ASX: IFG), a specialist in data analytics and software solutions, has announced a significant new contract with Taiwanese consulting firm TG Solutions Consulting Ltd. The deal appoints InFocus as the exclusive technology partner to develop an innovative B2B white-label iGaming platform, valued at USD 3.25 million over the next two years.
This contract represents InFocus’s second major engagement in the digital gaming sector, a space that uniquely blends big data, fintech, cybersecurity, and advanced software development. The partnership underscores InFocus’s growing footprint at the intersection of these rapidly evolving technologies.
Innovative Platform Features
The platform under development promises to be a game-changer in the iGaming industry. It will incorporate a dynamic market-driven odds system inspired by successful predictive market platforms like Polymarket, allowing real-time adjustment of odds as events unfold. This feature aims to enhance user engagement and retention by creating a more immersive and interactive gaming experience.
Additional cutting-edge functionalities include integration of digital collectible assets, a tokenised loyalty system, cryptocurrency payment processing, and AI-powered engagement tools. The platform will also feature esports integration with real-time data feeds, blockchain-verified fair play mechanisms, and a comprehensive responsible gaming framework. These elements position the platform at the forefront of technological innovation in online gaming.
Phased Development and Risk Management
The contract outlines a structured development process spanning six phases over 24 months: discovery and requirements gathering, design and architecture, core development, integration and testing, certification and documentation, and finally deployment and partner onboarding. Each phase includes milestone-based payments and performance benchmarks, ensuring disciplined project management.
Importantly, InFocus retains ownership of all intellectual property created during the project and licenses the technology to TG on a non-exclusive, irrevocable basis. This arrangement not only safeguards InFocus’s long-term interests but also opens potential future revenue streams through licensing or further customisation work.
In addition, InFocus has structured the deal to avoid regulatory or compliance risks associated with operating the gaming platform, as TG will handle all regulatory obligations. This separation allows InFocus to focus on its core strengths in technology development without exposure to the complex regulatory environment of online gaming.
Looking Ahead
CEO Ken Tovich highlighted the strategic importance of this contract, emphasizing the explosive growth in predictive market platforms and the appetite for innovative gaming solutions. The partnership with TG Solutions not only validates InFocus’s expertise but also positions the company to capitalize on the expanding digital gaming market.
As the project progresses through its phases, investors will be watching closely for milestone achievements and the potential for additional contracts or licensing opportunities that could further boost InFocus’s growth trajectory.
Bottom Line?
InFocus’s new iGaming platform contract could be a springboard for sustained growth in a booming digital sector.
Questions in the middle?
- How will InFocus manage scalability and potential demand spikes once the platform launches?
- What are the prospects for additional contracts or licensing deals stemming from this technology?
- Could evolving regulatory frameworks in iGaming impact future revenue or operational models?