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Media Entertainment Tech Outlook | Monday, September 06, 2021
Xpoint has been named the official geolocation partner of motorsport sports betting start-up Gridrival.
FREMONT, CA: “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,” comments Marvin Sanderson, Xpoint’s CEO and Co-Founder. Xpoint, the premier geolocation and compliance technology business focused on the US sports betting and iGaming industries, has been recognized as the official geolocation partner of racing sports betting start-up GridRival.
“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,” adds Sanderson.
GridRival is the industry's only multi-series sports betting and fantasy gaming brand focused exclusively on motorsports. GridRival, which features games based on the world's most popular motorsport series, including Formula 1 and MotoGP, is quickly establishing itself as the go-to destination for motorsport enthusiasts looking to connect with a growing community of fellow fans and deepen their engagement with their favorite sport.
GridRival will integrate Xpoint’s geolocation technology into its iOS and Android apps when it launches its Daily Fantasy Sports (DFS) product in summer 2022. This will ensure that GridRival provides a regulated, secure digital environment to its clients while conforming to all applicable state and federal rules in the United States of America.
“We’re delighted to have Xpoint on board. 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 were in the best possible hands with their technology and their team,” states Ross Fruin, GridRival CEO and Co-Founder.
Xpoint, created in 2019, delivers unique, partner-centric solutions to the established geo-compliance sector, permitting safe and compliant betting and gaming for its partners while also giving enhanced marketing benefits that can be applied across different company areas.
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