Xpoint, the leading geolocation and compliance technology company specializing in North American sports betting and iGaming markets, has announced that the company has been granted a license to provide geolocation technology services in Tennessee by the Tennessee Sports Wagering Advisory Council.
Geolocation services have been essential in ensuring that sports betting remains compliant with existing legal regulations, much of which is contingent on sportsbooks and iGaming operators being able to prove that any requests placed by consumers using their platform are within their state borders.
“I would like to thank the members and executive staff of the Tennessee Sports Wagering Advisory Council for approving our application for licensure to provide geo-verification services in Tennessee," commented Marvin Sanderson, CEO of Xpoint. “To be licensed to provide our geolocation technology solutions in another legalized sports betting U.S. State is a huge honor, and we are looking forward to working with multiple partners in Tennessee to help their players gamble safely, securely, and free from any fraud.”
This announcement comes right around the corner of Xpoint receiving authorization to launch their geolocation services in the state of Ohio, United States. The company has launched live geolocation technology services with multiple partners in Canada and throughout the USA and is one of only two geolocation technology vendors licensed in New Jersey.
Xpoint provides essential geolocation security solutions and intelligent location-based marketing insights to the global sports betting and iGaming industries. Xpoint’s innovative Verify and Lite platforms ensures partners meet their regulatory geo-compliance obligations, and deliver enhanced value through the generation of location-based data that can drive marketing programs. Xpoint was founded in 2019 and officially unveiled in Las Vegas in 2021, and is led by the company's CEO Marvin Sanderson, a global sports betting and iGaming industry leader. With North American offices in Toronto, Canada and Miami, Florida, Xpoint is changing the global geolocation market, bringing innovation to an industry that has, to date, viewed geo-compliance as a utility, not a new business opportunity. For more information, visit xpoint.tech and follow LinkedIn and Twitter for regular updates.