Dataworks Raises A$4.24 Million As Self-Exclusion Platforms Surpass 50 Million Daily Checks

Dataworks Group is seeking to raise up to A$4.24 million as its government-backed gambling self-exclusion technology processes more than 50 million real-time checks on a typical day.

The Australian technology company operates BetStop on behalf of the Australian Communications and Media Authority (ACMA) and provides the technology supporting Ontario's BetGuard centralised self-exclusion system.

Dataworks said its government platforms have now processed more than 41 billion exclusion checks and connect in real time with over 200 wagering operators.

Dataworks Targets A$4.24 Million Raise

The financing comprises an A$3 million placement involving 25 million new shares alongside a one-for-10 non-renounceable entitlement offer expected to raise up to approximately A$1.24 million.

New shares will be issued at A$0.12 each, representing a 20% discount to Dataworks' A$0.15 closing price on 10 September and approximately 11% below its 15-trading-day volume-weighted average price of A$0.135.

Participating investors are also expected to receive one unlisted option for every two new shares. The options will have an exercise price of A$0.20 and expire on 31 December 2027.

Dataworks plans to use proceeds for debt repayment and working capital alongside the mobilisation of government contracts, commercial opportunities in Australia and international markets and selected investment in its technology platform.

BetStop And BetGuard Process 50 Million Daily Checks

BetStop provides Australia's national self-exclusion register, allowing people to exclude themselves from licensed online and telephone wagering services. Operators query the register to determine whether individual customers are currently self-excluded.

Dataworks expanded its government self-exclusion operations into Canada in May when iGaming Ontario launched BetGuard across Ontario's regulated online gambling market. The system enables players to exclude themselves centrally rather than making individual requests with each participating operator.

Across its government platforms, Dataworks now reports more than 41 billion completed checks, with more than 50 million typically processed each day.

The figure represents machine-to-machine queries made by gambling operators rather than the number of individual players screened. A single customer's activity can therefore result in multiple checks being made against the relevant self-exclusion database.

NSW Agreement Adds To Government Pipeline

Dataworks has also secured a separate engagement with the New South Wales Government as it looks to expand its work within gambling harm prevention.

The company signed an eight-week paid planning services agreement on 31 August covering project planning, technical scoping and contract development for part of the state's gambling harm-minimisation programme.

The agreement is expected to generate approximately A$536,000 if Dataworks completes all three agreed milestones. However, the current contract covers planning services rather than a wider implementation, meaning any subsequent deployment would require a further commercial agreement.

Dataworks entered the new financial year after reporting a 24% increase in operating revenue during FY26 and positive operating cash flow.

The entitlement offer is expected to open on 28 September and close on 12 October, with new shares and options scheduled to be issued on 16 October.