With a primary focus on sports betting and iGaming geolocation technology, Xpoint Verify has now launched its first-in-market product with the company's partner SkillOnNet in Ontario, CA.
Xpoint Verify is Xpoint’s real-money gaming geolocation product which was developed specifically for sportsbooks, iGaming and gambling operators. The online casino operator, SkillOnNet, first launched in Ontario in June of 2022.
The Xpoint company was first unveiled in 2021 at the Global Gaming Expo (G2E).
Xpoint CEO and Co-Founder Marvin Sanderson said: "For everyone involved with Xpoint, this is a very significant announcement. We founded Xpoint in 2019, then formally launched the business just eight months ago at G2E, and now we have our first product live in-market, with an outstanding partner in SkillOnNet."
Sanderson added: "Our investors, partners, and our team have made this possible, and I want to thank them all for their support and their hard work. We have a very exciting future ahead, and I’m delighted we’ve already reached such an important chapter in our history with SkillOnNet."
SkillOnNet is an operator of multiple online casinos and launched in Ontario with brands PlayOJO, SlotsMagic, and SpinGenie in early June 2021.
Maor Nutkevitch, the Senior Vice President of Corporate Development at SkillOnNet, said: "We’re proud to work with Xpoint as our official geolocation technology partner. We were attracted to Xpoint’s technology that helps our consumers engage with our platforms safely and securely, and the fact that our working relationship is rooted in a true partnership."
Xpoint's solutions provide technology that enables sportsbooks, iGaming, and Daily Fantasy Sports operators to meet their regulatory obligations.
Sanderson continued: "In a matter of weeks we’ll also be live in the USA, and then the rollout of both Xpoint Verify and Xpoint Lite, our geolocation product designed and built for Daily Fantasy Sports operators, will continue at pace."
The company has North American offices in Toronto, Canada, and Miami, Florida, and was first founded in 2019.