Australia's IXUP surges on acquiring responsible gaming tool from U.S. partner

Dataworks

30/09/2022 04:55

** Shares of Australia's IXUP  IXU.AX  rise as much as 5.6%
to A$0.038, set to gain most since Aug. 30
    ** Shares rise as the data analytics firm announces
acquisition of assets and intellectual property rights from its
U.S. partner, Conscious Gaming 
    ** Says acquisition would comprise of the registered
PlayPause trademark and brand name
    ** Adds acquisition would fill co's current gaps in the
responsible gaming technology sector aimed at improving player
protection within the interactive gaming industry
    ** Stock has fallen 9.5% so far this week
    ** Stock has fallen 74.7% this year, as of last close
 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))