Xpoint secures licenses to operate in more states

January 31, 2024
Leer en Español

The provider is pursuing more licenses in the remaining states where it is legal to operate.

Xpoint has secured a number of licenses to operate in 12 additional states, as well as the District of Columbia. 

The 12 states included are Colorado, Indiana, Iowa, Kentucky, Louisiana, Maryland, Michigan, New York, Pennsylvania, Virginia, West Virginia and Wyoming. 

This news now means Xpoint operates in a total of 19 states nationwide, which accounts for nearly 75% of the US iGaming market, with the provider actively looking to secure more licenses in the remaining states where it is legal to operate. 

Xpoint Verify, the company’s geolocation platform for iGaming and sports betting, is an advanced toolset for regulatory geo-compliance and helps to detect and prevent fraud while also providing marketing insights to operator customers. 

The platform’s geolocation tracking service helps to ensure players are located within a permitted betting jurisdiction and ensures compliance is maintained based on the particular state’s gaming regulations. 

Xpoint CEO Manu Gambhir said: “Today’s multi-licensure announcement marks a milestone in our journey and our vote of confidence in the continued growth of online gaming in the USA. 

“Until now, there has only been a single geolocation provider in the industry, creating risk for operators, slowing innovation, and keeping costs high due to a lack of competition. These additional licenses are a major step forward in allowing the industry to evolve and bring the most advanced geolocation platform to market." 

Last week, daily fantasy sports operator PrizePicks partnered with Xpoint to implement its geolocation technology to streamline the company's transactions and to ensure purchases made by customers are compliant with state and federal regulations. 


Product Spotlight

Bragg Gaming Group

Bragg Gaming Group is a global content-driven iGaming technology provider, serving online and land-based gaming operators with its proprietary and exclusive content and cutting-edge technology.

John Connelly - Interblock preparing to launch online by the end of year

John Connelly, the Global CEO of Interblock, joins the Huddle to talk about:
- The company's conversion to the online space
- The performance of ETGs
- Interblock's new philanthropic efforts
- The trend of companies going private
- And more!

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.

As the Tribal gaming sector congregates once more in the Golden State, is it too cliché of me to suggest we are heading for a golden era of Tribal gaming? With the industry set to meet at the Indian Gaming Association t...

From The Top: Will youth be served by Sports Betting?
Two recent interviews in our Huddle podcast revealed to Las Vegas correspondent Brian Joseph just how young sports betting entrepreneurs are becoming.
The Global Gaming Awards: Rewarding Excellence
The 10th edition of the Global Gaming Awards took place in Las Vegas last year. Gaming America looks back... and ahead to this year's.
Preview: Indian Gaming Tradeshow & Convention
Gaming America looks ahead to the 2024 Indian Gaming Tradeshow & Convention and what attendees can expect when they arrive at the Anaheim Convention Centre.
888 and the US Market: A cautionary tale
Gaming America explores the risk of resting on your laurels and the challenge of remaining relevant in a rapidly expanding market.