XPOINT AND UNDERDOG FANTASY ANNOUNCE OFFICIAL LIVE GEOLOCATION PARTNERSHIP AGREEMENT

December 12, 2022 at 09:00 AM EST

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Xpoint, the geolocation technology specialists providing solution to the sports betting, iGaming and Daily Fantasy Sports (DFS) industry in North America and worldwide, has announced the latest addition to its live partner roster with the news that Underdog Fantasy is now running Xpoint Lite, Xpoint’s specialists geolocation technology solution for DFS operators. Underdog Fantasy is one of the fastest-growing fantasy sports companies on the market and is growing rapidly across the USA and was founded by a team of industry veterans to bring fun, approachable contests and fantasy sports games to the masses. Underdog are looking to innovate an already exciting space and provide the best possible experience to their enthusiastic users.

“I’m delighted to add Underdog Fantasy to our list of live partners, and am pleased we are enjoying such a strong run of new partner announcements as we head towards the end of Q4, 2022,” said Marvin Sanderson, CEO of Xpoint. “This is a critical time for Xpoint, as we grow and expand our North American footprint. Now we have multiple partners live across the USA and Canada, with millions of location checks taking place, ahead of our targeted growth position by this point in 2022, and with a very bright 2023 ahead. We are perfectly positioned to help Underdog Fantasy and their customers succeed in this wave of legal online sports betting in the USA.”

Matt Garrigan, Underdog Fantasy Senior Director of Sports Betting, added, “We are excited to be working with Xpoint across verticals to enable a safer experience to our customers while also adhering to state and federal regulations. Similar to our story at Underdog, Xpoint is a believer in innovation and being a bit different. We are looking forward to our partnership!”

Underdog Fantasy have Xpoint Lite embedded within their platforms to enable their consumers to engage with their contests and DFS games safely, securely and free from fraud. Xpoint Lite is Xpoint’s specialist geolocation technology platform for DFS operators, a Software Development Kit (SDK) that can run on web or app platforms. Xpoint Lite sits alongside Xpoint Verify in Xpoint’s product suite, with Verify being the go-to geolocation technology solution for real-money sports betting and iGaming operators.

ABOUT XPOINT

Xpoint provides essential geolocation security solutions and intelligent location-based marketing insights to the global sports betting and iGaming industries. Xpoint’s innovative Verify and Lite platforms ensures partners meet their regulatory geo-compliance obligations, and deliver enhanced value through the generation of location-based data that can drive marketing programs. Xpoint was founded in 2019 and officially unveiled in Las Vegas in 2021, and is led by the company's CEO Marvin Sanderson, a global sports betting and iGaming industry leader. With North American offices in Toronto, Canada and Miami, Florida, Xpoint is changing the global geolocation market, bringing innovation to an industry that has, to date, viewed geo-compliance as a utility, not a new business opportunity. For more information, visit xpoint.tech and follow LinkedIn and Twitter for regular updates.

ABOUT UNDERDOG

Underdog Sports is the fastest growing paid fantasy sports company ever, backed by investors Mark Cuban, BlackRock, Kevin Durant, Trae Young, Odell Beckham Jr., Breon Corcoran (ex-CEO Paddy Power Betfair/Flutter), Mitch Garber, Eilers & Krejcik, Mark Pincus (founder of Zynga), The Chainsmokers, Kygo, Steve Aoki, Nas, Future, Gunna and many more.

Website: underdogfantasy.com

App Store: https://apps.apple.com/us/app/underdog-fantasy/id1514665962

Play Store: https://play.google.com/store/apps/details?id=com.underdogsports.fantasy&hl=en_US&gl=US

Twitter: https://twitter.com/UnderdogFantasy

SOURCE Underdog Sports Inc