InFocus Group (ASX:IFG) Expands Codexa into Real-Money iGaming Markets

Aditi Sarkar

08 October 2026 04:31 PM AEDT

InFocus Group (ASX:IFG) Expands Codexa into Real-Money iGaming Markets

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Highlights

InFocus Gaming Technologies is extending its Codexa platform into Codexa ROW for licensed real-money operators outside the US.
The launch will start with Curaçao, where the company intends to register as a gaming supplier.
The company will act only as a technology provider and will not operate gaming services.
Commercial availability is expected in early 2027, subject to development and supplier registration.

InFocus Group Holdings Limited (ASX:IFG) has announced that its subsidiary, InFocus Gaming Technologies, is extending its Codexa platform beyond US sweepstakes into a product for licensed real-money online gaming operators outside the US. The new product, called Codexa ROW, will support both fiat currency and Cryptocurrency in jurisdictions where online gaming is legal and licensable.

Introducing Codexa ROW

The launch will begin with Curaçao. InFocus will act only as the technology provider and will not operate gaming services, with operators required to hold their own licences.

Planned capabilities include real-money wallets, Bonus management, local payments, anti-money laundering and identity checks, geo-fencing, age verification and responsible gambling tools. Codexa ROW will block access from prohibited jurisdictions, including Australia and the United States.

Regulatory Pathway in Curaçao

Under Curaçao's reformed regime, operators must hold licences from the Curaçao Gaming Authority. From 24 December 2026, licensed operators may only obtain critical gaming services from registered suppliers.

InFocus intends to register as a supplier when registration opens, expected in Q4 CY2026. The company will also target crypto-native operators and assess other licensable jurisdictions.

Commercial Model and Timing

Codexa ROW will be offered under the existing white-label licensing and managed services model, with Revenue from monthly licence fees, a share of gaming revenue and managed services fees. Development is funded from existing cash reserves, including a recent placement.

Commercial availability is expected in early 2027. CEO Ken Tovich said, "Codexa ROW is the first major step in that direction," adding that the platform was designed to be modular and scalable.

Key Takeaways

InFocus is extending Codexa into regulated real-money iGaming markets outside the US.
Curaçao is the first target market, subject to supplier registration.
The company will act only as a technology provider.
Commercial availability is expected in early 2027.

FAQs

Q: What is Codexa ROW?

A: It is a version of InFocus's Codexa platform for licensed real-money online gaming operators outside the US.

Q: Which market will launch first?

A: The launch will start with Curaçao.

Q: Will InFocus operate gaming services?

A: No, InFocus will act only as the technology provider.

Q: Which jurisdictions will be blocked?

A: Prohibited jurisdictions, including Australia and the United States, will be blocked.

Q: When will Codexa ROW be available?

A: Commercial availability is expected in early 2027.

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