Business · Companies · 5 hrs ago
InFocus signs conditional Codexa deal with at least US$2.4m in fees
Australian company InFocus has signed its first customer for Codexa ROW, its online gaming platform.
The customer is a private investor with interests in entertainment, including sports and live music, and plans to launch a licensed real-money gaming business.
The conditional agreement commits at least US$2.4 million over two years once the contract begins, through revenue-sharing and service fees.
InFocus can also receive up to 5% of gaming revenue, though the exact rate is confidential.
The platform is not yet generating revenue: its new module must pass testing, the platform must be ready in a suitable jurisdiction, and the customer must meet business and licensing requirements.
The customer has asked InFocus to develop a prediction markets module for trading on the outcomes of future events.
This could give InFocus another way to commercialise its technology, but the sources do not say when the module or gaming business will launch.
InFocus Group has signed a binding conditional agreement to provide its Codexa ROW online gaming platform to its first customer.
The deal carries a minimum US$2.4 million fee commitment over the first 24 months after the contract begins.
The customer is a private investor with interests in entertainment, including sports and live music, and has requested anonymity.
The agreement depends on testing, commercial readiness in a suitable jurisdiction, and the customer meeting business and licensing requirements.
The customer has also asked InFocus to develop a prediction markets module for the platform.
- Who
- InFocus Group, through its wholly owned subsidiary InFocus Gaming Technologies, and an unnamed private investor.
- What
- They signed a conditional agreement for the Codexa ROW platform, with a minimum US$2.4 million fee commitment over two years after commencement.
- When
- The agreement was announced on 15 October 2026. The contract’s start date is not stated.
- Where
- Not stated.
- Why
- The customer intends to launch a licensed real-money online gaming business using the platform.
This story does not have two clearly opposing sides.
InFocus launched its iGaming business as a new strategic unit.
InFocus announced its conditional agreement with its first Codexa ROW customer.
The module must pass testing, Codexa ROW must be ready for commercial use in a suitable jurisdiction, and the customer must meet business and licensing requirements before revenue flows.
- Minimum fee commitment
- US$2.4 million over the first 24 months after commencement
- Potential gaming revenue share
- Up to 5% of gross gaming revenue
- Customer
- Anonymous private investor with interests in entertainment, including sports and live music
- Platform
- Codexa ROW
- Shortfall payment deadline
- Within 30 days after the initial 24-month term
What people are saying
This is the point where Codexa moves from product to contracted revenue.
We have signed our first customer, with a guaranteed minimum of USD 2.4 million over the first two years and up to 5% share of every dollar of gaming revenue on the platform.