Xpoint has secured another major milestone in the North American market, with the recognized geolocation specialist obtaining yet another vendor license, allowing it to scale its presence locally in the country.
The company has obtained a vendor license in Massachusetts, where it will now be able to enter and offer regulated sports betting companies the means to track connectivity attempts and safeguard against out-of-state logins, ensuring compliance for its local clients and partners.
The Massachusetts Gaming Commission has clear guidelines that obligate any license holder and sportsbook operator to ensure compliance with the existing framework, which precludes logins from across the state border.
Xpoint has been rapidly scaling its offer across North America, as well as globally, with the company now offering support to online sports betting companies in 28 states and territories.
Notably, Xpoint's global footprint has also increased steadily over the past months, with the company licensed and running in Ontario, Canada. Besides this, the company has also expanded to Brazil and the UAE, becoming a true globe-trotter determined to bring its cutting-edge geofencing technology everywhere it goes.
Commenting on the most recent success, Xpoint CEO Manu Gambhir had this to add, celebrating the milestone of entering Massachusetts:
"Securing our license in Massachusetts is a vital step as we continue to make strides in the geolocation space. Massachusetts has a passionate sports culture and a sophisticated regulatory framework, and we are excited to provide the precision technology necessary to maintain the integrity of the state's sports betting ecosystem."
Expansion is uppermost on Xpoint's mind, with the company now looking to strengthen its presence in regulated markets and offer more jurisdictions in North America and globally the means to effectively run a sports betting business.
Xpoint has also been a strong proponent for going against offshore betting and gaming companies harder, joining US attorneys in their appeal to see the US Department of Justice do more to limit this sector.
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