Apple iSports Group, Inc.

Overview

• Nevada corporation with consolidated subsidiaries: Apple iSports, Inc. (Delaware) and Apple iSports Australia Pty Ltd. (Australia).
• Long-term plan to develop a digital sports betting and gaming platform combining sports content, racing, wagering, streaming and analytics.
• Primary target markets: Australia and the United States.
• Planned websites: appleisports.com (U.S.) and appleisports.com.au (Australia).
• Strategy includes using partnerships and outsourcing platform development rather than building all technology internally.

Products and services

• Core offerings:
  • Fixed odds sports betting
  • Fixed odds and pari-mutuel horse racing betting
  • Live content streaming channel for events and shows
• Revenue channels:
  • Pari-mutuel betting: platform share of pool rake
  • Fixed odds betting: margins, hedging and risk controls, and client profiling for pricing
  • Live streaming: advertising (up to 8 minutes per hour) and downstream promotion of other products
  • B2B: technology deployment to casinos and operators (implementation fees, maintenance, potential revenue sharing)
  • Ancillary models: freemium features, microtransactions and subscriptions for streaming services
• Platform delivery:
  • Reliance on third-party vendors for sportsbook development and integrations (payments, identity verification, data feeds, geo-control)
  • Initial development underway in Australia in collaboration with vendors and Apple iSports staff; company moved away from building a fully in-house platform after prior efforts

Regulatory and licensing

• Australia: pursuing an Online Bookmaking License via the Northern Territory Racing Commission for nationwide racing and sports betting.
• United States:
  • North Dakota: provisional Advance Deposit Wagering (ADW) license received, subject to Thoroughbred Racing Protective Bureau (TRPB) examination; completion expected after capital raising.
  • Targeting market access licenses in additional U.S. states over a multi-year timeline (up to approximately 20 states).
• Business is subject to federal, state and foreign gaming and advertising regulations; licensure and suitability are required for market access.

Growth strategy and market plan

• Australia: pursue full licensing and product deployment across the country, subject to approvals.
• United States: pursue online sports betting licenses in multiple states and use North Dakota as an initial market for racing wagering.
• Operational approach: outsource platform development to third-party software providers to manage cost and speed of implementation.
• Marketing and user acquisition: SEO/SEM, digital marketing, social media, partnerships, conferences and targeted sales.
• Content strategy: use live streaming content to drive engagement and ancillary betting activity.
• Partnership focus: pursue platform providers for gaming and iGaming verticals, and potential tribal and operator relationships.

Strategic transactions and agreements

• March 2023: Stock Exchange Agreement with AiS and AiS shareholders (change in control accounted under common control).
• May 2023 onward: brand awareness and marketing efforts in Australia (some contracts suspended as of filing).
• 2025: strategic/financial agreement with Pacifico Financial Group to support capital raising.
• May–July 2025: LOI to acquire AmeriCrew (terminated July 13, 2025); binding agreement to acquire Lucky Bet not completed and nonrefundable deposit written off.
• August 2025: Equity Backstop with LDA Capital Group to draw up to $25 million, with possible extension to $50 million.
• March 1, 2026: Joint Venture and License Agreement with AiC Enterprises, LLC to create appleicasino.com using AiC’s online crypto gaming platform; Mr. Marino Sussich owns 45% of AiC.

Corporate and operations

• Headquarters: 100 Spectrum Center Dr., Suite 900, Irvine, CA 92618. U.S. executive office operates as a virtual office; Australian satellite office closed. Governance and financial activities consolidated in the U.S.
• Employees: 3 full-time employees; operations rely on outsourced consultants and third-party service providers.
• Intellectual property: trademark applications filed for Apple iSports logos and word marks in Australia and the U.S. (several marks pending as of 4/10/2026). No patents filed for betting processes; protection via trade secrets and confidentiality agreements.

Financial snapshot (as of 12/31/2025)

• Net loss: $6,407,709 for the year ended 12/31/2025.
• Cash on hand: approximately $55,938.
• Working capital deficit: approximately $5,900,109 (including about $3,155,218 due to related parties).
• Private placement: approximately $3,023,397 raised at $0.25 per share.
• Related-party indebtedness: about $3,155,218 (on demand).
• Estimated ongoing annual operating expenses: $5–$6 million (excluding marketing).
• Estimated cost to complete the business plan: approximately $5.5 million.
• Public company compliance costs: estimated $300,000–$500,000 annually.
• Outstanding common stock: 219,784,477 shares issued and outstanding. Authorized: 500,000,000 common shares; 50,000,000 preferred shares.
• Ownership concentration: a principal shareholder (and affiliates) owns about 41% of outstanding common stock, providing substantial influence over corporate actions.
• The company intends to raise additional capital to fund operations and product development.

Notes on scope and status

• Strategic and regulatory milestones depend on capital raising and licensing approvals across jurisdictions.
• Operations began in late 2021; staffing is modest and the company continues to incur losses while pursuing its development and licensing objectives.