Xpoint, a geolocation and compliance technology firm specializing in US sports betting and igaming markets, has become the official geolocation partner of motorsport sports betting startup GridRival.
GridRival is a motorsport multi-series sports betting and fantasy gaming brand with games based on popular motorsport series such as Formula One and MotoGP.
“GridRival is an exciting, unique sports betting and fantasy gaming brand, catering exclusively to motorsport fans, an audience whose numbers are growing significantly every day,” commented Marvin Sanderson, CEO and Co-Founder of Xpoint.
“We’re proud to be part of the GridRival team, helping them achieve the ambitious targets they have set for the business as they continue to expand in 2022, in particular with the launch of their DFS product later this year.”
The partnership will see Xpoint’s geolocation technology embedded within GridRival’s iOS and Android apps when it launches its daily fantasy sports (DFS) product this summer, ensuring the brand provides a regulated, secure digital environment to its customers while meeting all US state and federal regulations.
“We’re delighted to have Xpoint on board,” added Ross Fruin, GridRival CEO and Co-Founder.
“Marvin and his team are excited about working with us, their approach to our business demonstrated their core belief in working with us, not just for us, and we know we’re in the best possible hands with their technology and their team.”
Recently, SBC Americas spoke to Sanderson about unlocking the true potential of geolocation technology.