Xpoint, the leading geolocation and compliance technology company specializing in North American sports betting and iGaming markets, has been appointed to provide geolocation technology services by Rivalry, the Toronto-based sports betting and media company offering fully regulated online wagering on esports, traditional sports, and casino for the next generation of bettors.
Xpoint’s geolocation technology ensures all transactions made by Rivalry customers adhere strictly to all provincial regulations in Ontario, Canada which legalized online wagering in April, 2022.
“We’re delighted to be working with Rivalry as they make such rapid progress growing their business and their brand in Canada,” commented Marvin Sanderson, CEO of Xpoint. “Rivalry’s strong focus on esports, and its young demographic, makes the company a serious force in one of the most important markets in North America, so to be part of their team is a real honor for Xpoint.”
“Xpoint was the natural choice for us as our geolocation providers,” added Ryan White, Chief Technology Officer at Rivalry. “Their technology plays a key role in our ability to trade safely and securely, and we see the relationship with Xpoint as a true partnership. They’re highly efficient, provide value to our customers, and are a great team to work with.”
Xpoint has just recently celebrated one year since its formal unveiling in Las Vegas in October 2021. Since then, the company has launched live geolocation technology services with multiple partners in Canada and throughout the USA, is one of only two geolocation technology vendors licensed in New Jersey, and has grown its world-class workforce from just five people at launch to now over 65. For more details on Xpoint, please go to xpoint.tech and follow Xpoint on social media via LinkedIn and Twitter.
Xpoint provides essential geolocation security solutions and intelligent location-based marketing insights to the global sports betting and iGaming industries. Xpoint’s innovative Verify and Lite platforms ensures partners meet their regulatory geo-compliance obligations, and deliver enhanced value through the generation of location-based data that can drive marketing programs. Xpoint was founded in 2019 and officially unveiled in Las Vegas in 2021, and is led by the company's CEO Marvin Sanderson, a global sports betting and iGaming industry leader. With North American offices in Toronto, Canada and Miami, Florida, Xpoint is changing the global geolocation market, bringing innovation to an industry that has, to date, viewed geo-compliance as a utility, not a new business opportunity. For more information, visit xpoint.tech and follow Xpoint on LinkedIn and Twitter for regular updates.
Rivalry Corp. wholly owns and operates Rivalry Limited, a leading sport betting and media property offering fully regulated online wagering on esports, traditional sports, and casino for the next generation of bettors. Based in Toronto, Rivalry operates a global team in more than 20 countries and growing. Rivalry Limited has held an Isle of Man license since 2018, considered one of the premier online gambling jurisdictions. Rivalry holds a sports bookmaker license in Australia and an internet gaming registration in Ontario and is currently in the process of obtaining additional country licenses. The Company also has a variety of originally developed products, including Quest, an on-site engagement experience, and an original casino game called Rushlane, a proprietary casino game that marks the creation of a new category for online gaming: Massively Multiplayer Online Gambling Games (MMOGG).
View source version on newsdirect.com: https://newsdirect.com/news/rivalry-appoints-xpoint-as-geolocation-provider-in-canada-726129372