Leading geolocation technology company, Xpoint, which specializes in sports betting, online gaming, and gambling in North America announces an important Ontario milestone. The company’s real-money gaming geolocation product, Xpoint Verify has now debuted in Ontario’s online gaming market via SkillOnNet. This is possible After the operator launched in the province’s market earlier this month.
SkillOnNet is a prominent gaming name in the industry as it is the operator of leading brands such as PlayOJO, SlotsMagic, and SpinGenie. These brands have now gone live in Ontario’s regulated iGaming framework for private operators, which opened up on April 4 this year. According to industry experts, the market should reach CA$1 billion in revenue over the next couple of years.
Now Online in Ontario
Xpoint was introduced to the iGaming industry less than a year ago, as it went live at last year’s Global Gaming Expo in Las Vegas. Now, its Xpoint Verify geolocation product has been integrated into SkillOnNet’s operator network that is operating in Ontario’s legal online gambling market. The geolocation provider will help operators prevent bettors not in the province from wagering illegally.
CEO and Co-Founder of Xpoint, Marvin Sanderson, commented that the agreement with the casino operator is an important achievement. He said that eight months after the launch of the business, the provider is now live in-market, with a prominent name such as SkillOnNet. He also thanked the company’s investors, partners, and team for their hard work and for making it all possible.
Xpoint’s innovative geolocation solutions deliver technology that allows sportsbooks, iGaming, and daily fantasy sports brands to meet their regulatory requirements, and also provide a safe and secure player engagement. Meanwhile, Xpoint Verify functions as real money gaming geolocation technology for many brands, and Xpoint Lite is specifically developed for daily fantasy sports operators.
Despite being a rather new brand in the iGaming sector, the geolocation provider was among the sponsors for this year’s edition of the Canadian Gaming Summit. This time the annual conference was at the Metro Toronto Convention Center, and it was held from June 7, 2022, to June 9, 2022. The expo is a tremendous opportunity for stakeholders from the industry to come together and discuss the current trends and future of the sector.
Looking Forward to their Partnership
SkillOnNet’s Senior Vice President of Corporate Development, Maor Nutkevitch, stated that the company is delighted to work with the geolocation technology supplier. He also shared that the operator was attracted by the provider’s technology that helps players engage with their platforms in a safe and secure manner. And lastly, Mr. Nutkevitch said their working relationship is rooted in genuine collaboration.
Recently, SkillOnNet inked another collaboration for its operations in Ontario’s iGaming sector. The operator partnered up with the Toronto-based Bragg Gaming Group, which is a leading supplier and aggregator of online gaming content and technology. Now, the local provider will deliver its product to the operator’s SpinGenie, PlayOjo, and SlotsMagic brands in the province.
Source: “Xpoint Announces Major Milestone as Xpoint Verify Goes Live in Canada”, Yahoo, June 22, 2022