Australia's InFocus Group rises on new gaming unit launch

Infocus group

30/09/2025 06:56

** Shares of InFocus Group Holdings IFG.AX rise as much as 27.8% to A$0.023, their highest level since September 15

** Biggest intraday pct rise since August 27

** Data intelligence co forms new unit, InFocus Gaming Technologies, to expand its iGaming (online gambling) ops

** Says the iGaming industry provides unique opportunity for co to become a leading software infrastructure provider

** About 10.5 mln shares traded so far, 2.7x 30-day avg

** Stock is up 15% YTD, including session's moves

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))