Miami, FL (March 22, 2022) – Xpoint, the leading geolocation and compliance tech firm specializing in U.S. sports betting and iGaming markets, has been appointed as the Official Geolocation Partner by Sparket, the Los Angeles based sports wagering technology company that aims to make sports betting accessible and fun to a broader demographic.
Xpoint’s geolocation technology and partnership team will play a dual role in the relationship with Sparket, ensuring the partner meets its regulatory requirements, and helping unlock customer engagement and enhanced revenue opportunities via Xpoint’s technology and data platform. This will enable Sparket customers to engage with its patent pending Social Betwork™ software in a regulated, secure digital environment while adhering strictly to all state and federal regulations, and turning the geolocation digital utility into an asset that generates incremental business value for Sparket.
“We’re delighted to add Sparket to our partner group, and excited to start work supporting their team as they bring their game-changing platform to market,” commented Marvin Sanderson, CEO and Co-Founder of Xpoint. “Sparket share our vision for wanting to bring innovation, transparency and cutting-edge technology to the sports wagering industry, so I see this partnership as a very natural fit. Sparket has a bright future ahead, and we’re honored to be a trusted partner of such an exciting brand.”
“Xpoint are the instinctive choice for Sparket as we continue to grow, offering a world-class technology platform, and a fresh approach to helping us meet our regulatory needs,” added Evan Fisher, COO of Sparket. “There were several points about Xpoint that stood out for us while we were looking at the options available, in particular the trust we have that they will ensure our state-by-state regulatory obligations are met, and how they approach business with us. Xpoint see us as true partners, working together to unlock value from our investment in their cutting-edge geolocation technology. We’re happy they’re on board and look forward to a successful partnership to come.”
Xpoint, founded in 2019, brings innovative, partner-focused solutions to the geo-compliance marketplace, facilitating safe and compliant betting and gaming for its partners, particularly in the USA, as well as providing enhanced marketing benefits that can be used across multiple business functions.
ABOUT XPOINT TECH
Xpoint provides essential geolocation security solutions and intelligent marketing insights to the global sports betting and iGaming industries. The innovative platform ensures partners meet their regulatory geo-compliance obligations, and delivers enhanced value to its partners through the generation of data that can drive marketing programs. Founded in 2019, with U.S. offices in Miami and Florida, and led by the company's CEO and Co-Founder Marvin Sanderson - a global sports betting and iGaming industry leader - Xpoint is changing the global geolocation market, bringing innovation to an industry that has, to date, viewed geo-compliance as utility, not a new business opportunity. For more information, visit xpoint.tech and follow LinkedIn and Twitter for regular updates.
ABOUT SPARKET
Sparket is a Los Angeles based sports wagering technology company with the aim of making sports betting accessible and fun to a broader demographic. Their patent pending Social Betwork™ software currently enables casual, free to play wagering contests with real prizes in traditional sports, esports, and live events (e.g. reality TV). They have previously established partnerships with licensed operators (US Bookmaking and Cahuilla Casino) and are in process of GLI certification and regulatory approvals to offer real money wagering in regulated US states in 2022. To learn more, visit www.betsparket.com or follow them on major social platforms: @betsparket
XPOINT MEDIA CONTACTS
Tom Webb - E: tom@redknotcomms.com | T: (+1) 512 952 9369
Camilla Wright - E: camilla@redknotcomms.com | T: (+44) 7968 166 031
