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Xpoint has officially secured a vendor license to operate in Massachusetts regulated sports betting market. The approval marks a significant milestone in the company’s North American expansion strategy.
The geolocation technology provider now offers its services to operators across the Bay State. Manu Gambhir, CEO of Xpoint, expressed enthusiasm about the new market entry. “Securing our license in Massachusetts is a vital step as we continue to make strides in the geolocation space.”
The company’s platform uses advanced geofencing technology to ensure precise location verification. This helps prevent wagers from unauthorized jurisdictions while identifying suspicious activity in real time.
With Massachusetts added to its portfolio, Xpoint now supports regulated online sports wagering across 28 states and territories, plus Ontario in Canada. The company recently expanded into Missouri, Brazil, and the United Arab Emirates.
Massachusetts regulators established a comprehensive framework for sports betting. Xpoint’s technology helps operators meet these strict compliance requirements.
Manu Gambhir added: “Massachusetts has a passionate sports culture and a sophisticated regulatory framework. We are excited to provide the precision technology necessary to maintain the integrity of the state’s sports betting ecosystem.”
The company built its platform specifically for the gaming industry. By leveraging multiple data points, the system delivers accurate location verification for operators.
