DWG Executes Chg Order Under Existing Ontario CSE Contract
| Stock | Dataworks Group Ltd (DWG.ASX) |
|---|---|
| Release Time | 4 Feb 2026, 9:20 a.m. |
| Price Sensitive | Yes |
DWG Executes Change Order Under Existing Ontario CSE Contract
- Change Order has a total contract value of over C$12.5 million (A$14 million)
- Provides for delivery and operation of managed contact centre services for Ontario's CSE program
- Contract structured to be self-funding, with revenue commencing immediately
DataWorks Group Limited (ASX: DWG) has executed a Change Order with iGaming Ontario ('iGO') under its existing Ontario Centralised Self-Exclusion ('CSE') contract. The Change Order has a total contract value of greater than C$12.5 million (approximately A$14 million), inclusive of extension options. The agreement comprises an initial three-year term, with two additional one-year extension options exercisable at iGO's discretion. The Change Order is in addition to DataWorks' existing A$10 million, multi-year Ontario CSE contract announced on 2 August 2024. The Change Order gives effect to the exercise of optional services contemplated under the original CSE agreement, providing for DataWorks to deliver and operate managed contact centre services in support of Ontario's CSE program. The contract is structured to be self-funding from a working capital perspective, with revenue commencing immediately. The execution of this Change Order enhances DataWorks' long-term recurring revenue profile and adds to the Company's predictable, contracted cash flows, further reinforcing the Company's RegTech division as a materially cash-positive and profitable business unit on a standalone basis. DataWorks continues to progress a number of advanced commercial opportunities across multiple regulated gambling markets, both domestically and internationally, with some expected to reach decision points during the current half.
The Change Order has a total contract value of greater than C$12.5 million (approximately A$14 million) over the initial term and extension options.
DataWorks continues to progress a number of advanced commercial opportunities across multiple regulated gambling markets, both domestically and internationally, with some expected to reach decision points during the current half. Any additional successful contract awards would represent a material uplift to the Company's medium-term financial and strategic outlook, including further strengthening of its liquidity profile.