New Jersey: Xpoint to PlayStar with Xpoint Verification

New Jersey: Xpoint to PlayStar with Xpoint Verification

Xpoint

Xpoint, a provider of geolocation technology, has committed to deliver its Xpoint Verify real-money gaming geolocation product to PlayStar’s New Jersey operation.

The solution will assist the iGaming business in maintaining compliance.The CEO of PlayStar believes that PlayStar and Xpoint are industry-wide disruptors that will shortly emerge.

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PlayStar Implements the Xpoint Verify System

Xpoint has decided to provide the Xpoint Verify brand to one of its partners, the iGaming supplier PlayStar. This will provide PlayStar with a powerful geolocation solution and expand Xpoint’s footprint in the United States market. 

PlayStar’s official geolocation partner, Xpoint, will continue to assist the iGaming technology provider in adhering to local rules and offering its consumers safe betting environments.

According to Xpoint, Xpoint Verify is a geolocation validator that enables the company’s partners to validate GPS position, connections, and device information at lightning-fast speeds. 

Xpoint Verify also enables businesses to comply with local requirements by detecting and preventing fraud. Lastly, the solution’s insights assist partner organizations in the development of new growth initiatives.

Xpoint and PlayStar Have Comparable Features

Per Hellberg, the chief executive officer of PlayStar, is thrilled to have Xpoint as a business partner in New Jersey, where PlayStar was recently launched. Hellberg argues that there are many similarities between PlayStar and Xpoint. He depicted the two companies as young disruptors set to engage in a David vs Goliath conflict with their respective competitors.

Xpoint co-founder and chief executive officer Marvin Sanderson also gave his thoughts. He is excited to see Xpoint go live with PlayStar and referred to 2022 as a “turning point” for the geolocation startup. Sanderson is pleased to advance Xpoint and write a new chapter in the company’s history. Sanderson said that he is enthusiastic about the future of Xpoint and requested the company’s supporters to remain tuned for further updates.

This is not the first time Xpoint Verify has entered New Jersey. A week ago, Xpoint Verify became online in New Jersey as a result of an agreement between Xpoint and Sporttrade.

The Raine Group, SuRo Capital Sports, and Acies Investments are the three new investors that Xpoint has recently received. The three investors joined existing investors like Courtside Ventures and Bettor Capital. In Xpoint’s most recent investment round, the latter two investors upped their contribution.

 

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About Lou De Aguila

Lou Ramon Aguila is a contributor for Golden Casino News. He has a degree in BSBA Legal Management with great interest in high-profile legal cases involving sports personalities. An ultimate sports junkie, he covers just about everything in the sporting world with an emphasis on the NBA, NFL, and MLB. In his past time, Lou loves to read manga, watch anime and critique pro-wrestling matches.