Xpoint Membuat Debut Pertaruhan Sukan AS Menyediakan Geofencing untuk Sporttrade
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Xpoint Membuat Debut Pertaruhan Sukan AS Menyediakan Geofencing untuk Sporttrade

Apabila Sporttrade memulakan pertukaran pertaruhan sukannya di New Jersey minggu lepas, ia juga menandakan ketibaan satu lagi produk teknologi permainan Data SGP baharu.

Xpoint
Tangkapan skrin penyelesaian geofencing Xpoint. Xpoint Verify syarikat yang berpangkalan di Miami membuat penampilan sulungnya di AS minggu lepas Togel SDY apabila Sporttrade melancarkan pertukaran pertaruhan sukannya di New Jersey. (Imej: Xpoint)
Xpoint memperkenalkan Xpoint Verifynya, produk geolokasinya untuk pengendali permainan wang sebenar. Xpoint juga menawarkan produk serupa, dipanggil Xpoint Lite, untuk syarikat sukan fantasi harian.

We were attracted to work with Xpoint because they bring real innovation, rich experience of our industry, and most of all a true sense of partnership by going deeper than just simply verifying customers’ location,” Sporttrade founder and CEO Alex Kane said in a statement. “Our companies share many attributes, and we are both focused on transforming our markets. We are delighted to have Xpoint as a core partner of ours.”

Sporttrade and Xpoint initially announced their partnership last December. Miami-based Xpoint will continue to provide its geolocation platform for Sporttrade as it launches exchanges in other states.

Why Geofencing Is Needed in US
The market for legal sports betting has grown exponentially in the US since the Supreme Court overturned The Professional and Amateur Sports Protection Act of 1992 (PASPA) more than four years ago. However, while the nation’s top court struck down the law that forbade most states from legalizing sports betting, that historic ruling did not address another federal law about sports betting – the Wire Act.

The Wire Act, passed in 1961, prohibits using communication devices to make wagers on sports across state lines. When Congress passed the law, it was designed to target organized crime syndicates involved in illegal bookmaking schemes across the country.

Because of that law, anyone who wants to use a sportsbook licensed in a particular state must be physically located in that state to complete the transaction. It also means that legal sports betting exchanges cannot allow trades between bettors from two states, even if the bettors are in states where sports betting is legal.

Geofencing providers like Xpoint use technology to detect out-of-state attempts and other instances of fraudulent activity and block those wagers from being processed.

Xpoint Celebrates ‘Milestone’ Achievement
What Xpoint believes it can do with its geolocation service is provide significant data to its clients, like Sporttrade, and help them hone their products.

“Sporttrade ialah jenama revolusioner, membawa inovasi sebenar dan teknologi pertaruhan sukan yang memfokuskan pelanggan ke pasaran AS, dan kami berbangga menjadi sebahagian daripada pasukan mereka,” kata Ketua Pegawai Eksekutif dan Pengasas Bersama Xpoint Marvin Sanderson dalam satu kenyataan. “Pengumuman ini menandakan satu lagi peristiwa penting untuk Pengeluaran HK Xpoint, dan akan berfungsi sebagai pemacu selanjutnya untuk pemerolehan pelanggan baharu, menyokong sasaran pertumbuhan kami dan membantu kami terus mengubah pasaran kami.”

Xpoint diasaskan pada 2019. Awal tahun ini, syarikat itu mengumumkan ia memperoleh pelaburan daripada Courtside Ventures dan Bettor Capital. Perjanjian pembiayaan tersebut dijangka membantu Xpoint berkembang di dalam dan luar negara sebagai penyedia teknologi permainan dalam talian.