XPOINT BECOMES BOARD LEVEL MEMBERS OF AMERICAN GAMING ASSOCIATION

Xpoint, the leading geolocation and compliance technology company specializing in North American sports betting and iGaming markets, has announced that it has become a board-level member of the American Gaming Association (AGA), the premier national trade group representing the U.S. casino industry.

As the national trade group representing the U.S. casino industry, the American Gaming Association fosters a policy and business environment where legal, regulated gaming thrives. The AGA’s diverse membership of commercial and tribal casino operators, sports betting and iGaming companies, gaming suppliers, and more lead the $261 billion industry and support 1.8 million jobs across the country.

Marvin Sanderson, Xpoint’s CEO and Co-Founder, will serve on the AGA board of directors, and a number of Xpoint’s C-suite leadership team will sit on a range of AGA committees and task forces representing the ever-growing geolocation technology industry, a key component of the U.S. sports betting, iGaming and gaming industry.

“We are very proud to join the AGA and looking forward to being active participants across a range of the organization’s interests,” commented Marvin Sanderson. “The AGA is rightly celebrated as the premier membership organization in our primary market, and it is an honor to be sitting alongside so many of our industry peers within the AGA, helping shape the future for us, our partners, and our fellow associated companies.”

Xpoint – one of only two geolocation technology vendors to be licensed in New Jersey – has made a number of significant announcements since launching its first live partnership, with SkillOnNet in Ontario in June, 2022. In September, 2022, alone, the company has confirmed its Xpoint Verify, real-money gaming geolocation solution is live with Sporttrade and PlayStar in New Jersey, and its Xpoint Lite product, designed for Daily Fantasy Sports (DFS) operators, is live across multiple U.S. states with Bettor Fantasy and Flex Fantasy. Xpoint also unveiled three new investors in September, Acies Investments, The Raine Group and SuRo Capital Sports, who join original backers Bettor Capital and Courtside Ventures, both of which increased their investments in Xpoint as part of the latest funding round.