IXUP Secures Two-Year Extension of Exclusive BetStop Contract, Shares Fall 10%

MT Newswires Live
03-04

IXUP (ASX:IXU) said it received an early two-year extension to its exclusive BetStop National Self-Exclusion Register contract with the Australian Communications and Media Authority, effective to June 20, 2027, according to a Tuesday Australian bourse filing.

The extension is on the same terms as the original contract signed in June 2023, the filing said.

The contract provides for further extension periods with each extension being no less than 12 months and not greater than three years.

The firm's shares fell 10% in recent trading on Tuesday.

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