Apple iSports Signs Definitive Agreement to Acquire LBC Enterprises Pty Ltd
Apple iSports (OTC-QB: AAPI) has signed a definitive agreement to acquire LBC Enterprises Pty Ltd, an Australian online gaming, wagering, and payment systems company. The acquisition, expected to close in Q3 2025, will strengthen AAPI's position in the U.S. online gambling services ecosystem.
The transaction will combine LBC's platform and operational expertise with AAPI's capital markets presence and distribution network. LBC will continue operating under its brand, led by CEO Ian Parke, who along with James Tennant will join AAPI's Board of Directors. The deal aims to enhance AAPI's B2B and B2C service offerings while accelerating its expansion into new markets.
Apple iSports (OTC-QB: AAPI) ha firmato un accordo definitivo per acquisire LBC Enterprises Pty Ltd, un'azienda australiana specializzata in giochi online, scommesse e sistemi di pagamento. L'acquisizione, prevista per il terzo trimestre 2025, rafforzerà la posizione di AAPI nel settore dei servizi di gioco d'azzardo online negli Stati Uniti.
La transazione unirà la piattaforma e l'esperienza operativa di LBC con la presenza di AAPI nei mercati finanziari e la sua rete di distribuzione. LBC continuerà a operare sotto il proprio marchio, guidata dall'amministratore delegato Ian Parke, che insieme a James Tennant entrerà nel consiglio di amministrazione di AAPI. L'accordo mira a migliorare l'offerta di servizi B2B e B2C di AAPI, accelerandone l'espansione in nuovi mercati.
Apple iSports (OTC-QB: AAPI) ha firmado un acuerdo definitivo para adquirir LBC Enterprises Pty Ltd, una empresa australiana especializada en juegos en línea, apuestas y sistemas de pago. La adquisición, que se espera cierre en el tercer trimestre de 2025, fortalecerá la posición de AAPI en el ecosistema de servicios de juego en línea en Estados Unidos.
La transacción combinará la plataforma y la experiencia operativa de LBC con la presencia de AAPI en los mercados de capital y su red de distribución. LBC continuará operando bajo su propia marca, liderada por el CEO Ian Parke, quien junto con James Tennant se unirá al consejo de administración de AAPI. El acuerdo busca mejorar la oferta de servicios B2B y B2C de AAPI, acelerando su expansión en nuevos mercados.
Apple iSports (OTC-QB: AAPI)는 호주 온라인 게임, 베팅 및 결제 시스템 회사인 LBC Enterprises Pty Ltd를 인수하기 위한 확정 계약을 체결했습니다. 이번 인수는 2025년 3분기에 완료될 예정이며, AAPI의 미국 온라인 도박 서비스 생태계 내 입지를 강화할 것입니다.
이번 거래는 LBC의 플랫폼 및 운영 전문성과 AAPI의 자본 시장 존재감 및 유통 네트워크를 결합할 것입니다. LBC는 자체 브랜드로 계속 운영될 예정이며, CEO인 Ian Parke가 이끄는 가운데 James Tennant와 함께 AAPI 이사회에 합류할 예정입니다. 이 거래는 AAPI의 B2B 및 B2C 서비스 제공을 강화하고 새로운 시장으로의 확장을 가속화하는 것을 목표로 합니다.
Apple iSports (OTC-QB : AAPI) a signé un accord définitif pour acquérir LBC Enterprises Pty Ltd, une entreprise australienne spécialisée dans les jeux en ligne, les paris et les systèmes de paiement. Cette acquisition, dont la clôture est prévue au 3e trimestre 2025, renforcera la position d'AAPI dans l'écosystème des services de jeux en ligne aux États-Unis.
La transaction combinera la plateforme et l'expertise opérationnelle de LBC avec la présence d'AAPI sur les marchés financiers et son réseau de distribution. LBC continuera d'opérer sous sa propre marque, dirigée par le PDG Ian Parke, qui, avec James Tennant, rejoindra le conseil d'administration d'AAPI. Cet accord vise à améliorer l'offre de services B2B et B2C d'AAPI tout en accélérant son expansion sur de nouveaux marchés.
Apple iSports (OTC-QB: AAPI) hat eine endgültige Vereinbarung zum Erwerb von LBC Enterprises Pty Ltd unterzeichnet, einem australischen Unternehmen für Online-Gaming, Wetten und Zahlungssysteme. Der Abschluss der Übernahme wird für das dritte Quartal 2025 erwartet und wird die Position von AAPI im US-amerikanischen Online-Glücksspiel-Ökosystem stärken.
Die Transaktion kombiniert die Plattform und operative Expertise von LBC mit der Kapitalmarktpräsenz und dem Vertriebsnetz von AAPI. LBC wird unter seiner Marke weitergeführt, geleitet von CEO Ian Parke, der zusammen mit James Tennant in den Vorstand von AAPI eintritt. Der Deal zielt darauf ab, das B2B- und B2C-Serviceangebot von AAPI zu verbessern und die Expansion in neue Märkte zu beschleunigen.
- Strategic acquisition enhances AAPI's presence in online gaming and wagering markets
- Expansion of B2B and B2C revenue streams through LBC's platform and operational expertise
- Addition of experienced leadership with LBC's CEO and executive joining AAPI's Board
- Potential uplisting to NASDAQ mainboard
- Geographic expansion into Australian and international markets
- Transaction subject to regulatory approvals and closing conditions
- No disclosed financial terms or valuation of the acquisition
- Integration risks between different geographic markets and regulatory frameworks
IRVINE, Calif., July 25, 2025 (GLOBE NEWSWIRE) -- Apple iSports (OTC-QB: AAPI) (“Company” or “Apple iSports” or “AiS”), a gaming, entertainment, and technology services company, is pleased to announce it has signed a Definitive Agreement with LBC Enterprises Pty Ltd (“LBC” or “Lucky Bet”), an online gaming, wagering, and payment systems company.
Key Highlights
- LBC Enterprises Pty Ltd, a Queensland, Australia corporation, will sell all its shares to Apple iSports.
- The Board of Directors of both LBC and Apple iSports have unanimously approved the proposed transaction, which is expected to close in the third quarter of 2025, subject to any regulatory approvals and the satisfaction of closing conditions in the Definitive Agreement.
- LBC will continue to operate under its brand and will be led by Mr. Ian Parke, the CEO of LBC.
- Messrs. Ian Parke and James Tennant will join as Directors of the AiS Board, adding to the strength and experience of the Company. The Board of Directors of Apple iSports will apply its significant management skills and industry relationships to assist LBC in achieving its business strategies and expansion efforts.
Strategic and Financial Rationale Key
The proposed acquisition underscores Apple iSports’ ability to execute strategic transactions pursuant to its stated business strategy. This transaction will underpin the Company’s ambitions and excellent relationships in the gaming and entertainment communities by securing highly accretive gaming and wagering revenue streams from business-to-business (B2B) and consumers (B2C). In doing so, this will position the Company to become a highly competitive player in the U.S. online gambling services ecosystem.
Ian Parke, CEO of LBC, stated, “The proposed acquisition of our company by Apple iSports validates the global opportunity we see in regulated, tech-driven gaming. By combining LBC’s platform and operational expertise with AiS’s capital markets presence and distribution network, we are primed to accelerate our expansion into new markets and scale our white label program. This partnership represents a major step forward for Lucky Bet and the broader LBC ecosystem.”
Joe Martinez, CEO and Chairman of Apple iSports, commented, “The Board of Directors is excited to continue rolling out our stated objectives with our proposed acquisition of LBC. Our service offerings to B2B and B2C will now be significantly enhanced in a rapidly growing sector. Combined with our exceptional team, this transaction catapults us into the US and international gaming markets. Board member and director Lyndon Hsu, who is based in Singapore, commented, “This defining transaction will expand our reach into gaming, wagering, and payment services markets via B2B and B2C opportunities. AiS will also be able to accelerate its stated capital raising objectives and further anticipated business acquisitions. Apple iSports remains on track to become a NASDAQ mainboard-listed company.”
About LBC Enterprises Pty Ltd
Established in 2022, LBC Enterprises Pty Ltd is a global gaming and fintech platform provider based in Queensland, Australia. Its flagship brand, Lucky Bet, is a digital-first casino and sportsbook operation currently expanding across South and Southeast Asia, the South Pacific, and other high-growth international markets, including the USA.
LBC offers a comprehensive platform and managed services solution that powers both its own brands and a growing portfolio of white label partners. The platform supports real-money wagering across multiple verticals—including casino, sportsbook, esports, and fantasy—and is fully integrated with industry-leading payment gateways, fraud and risk tools, affiliate management systems, and compliance frameworks.
Through its white label and turnkey managed services model, LBC enables media groups, influencers, and regional operators to enter new markets quickly and cost-effectively. Partners benefit from a fully outsourced operation—including technology, compliance, payments, customer support, and marketing automation—freeing them to focus on user acquisition and local market growth. Most brands go live within four weeks.
Lucky Bet’s innovative features include multimodal-based user onboarding, crypto and fiat deposit capabilities, and a Visa-issued crypto debit card program for VIP players. This forward-looking approach positions LBC as a differentiated provider in the global gaming ecosystem, uniquely equipped to serve mobile-native and digitally savvy audiences.
LBC’s platform is built to scale, with enterprise-level uptime, modular feature deployment, and real-time reporting capabilities, positioning the company as a preferred B2B partner in emerging and regulated markets alike.
About Apple iSports Group
Apple iSports is a rapidly emerging gaming, entertainment, and technology services provider to B2B and B2C. The Company’s core businesses include gaming, wagering, and ecosystem solutions.
The core team behind Apple iSports has over four decades of gaming and wagering experience in regulated markets such as Australia, the U.K., and Europe. The Company now brings that experience to the U.S., complemented by powerful corporate and finance capabilities.
For additional information about the Apple iSports platform, please visit.
- https://appleisports.com.
- Corporate and investor information at https://corporate.appleisports.com.
Special Note Regarding Forward-Looking and Cautionary Statements
This release contains forward-looking financial information related to the Company’s strategic growth initiatives. Actual results may differ due to market conditions and other factors. Apple iSports Group, Inc. assumes no obligation to update forward-looking statements except as required by law.
Media Contact:
Cathy Verlench
Controller & Head of Media Relations
Apple iSports
949-247-4210
cathy.verlench@appleisports.com
www.appleisports.com
FAQ
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