Mojo joins with Xpoint to debut in New Jersey

By their partnership, Xpoint and Mojo will be included to the geolocation company's list of partner portfolios.

Mojo will reside in New Jersey as a result of the two parties' agreement, which is hailed as "another major step" in Xpoint's expansion across North America.

Vinit Bharara, co-founder and CEO of Mojo, said: "Xpoint has been a key component of our recent launch in New Jersey. We're excited to work with Xpoint as our partner in bringing fans our unique sports stock market, which uses geolocation technology.

Mojo's geolocation technology services are powered by Xpoint's real-money gambling product, Xpoint Verify, in New Jersey, where both Mojo and Xpoint are state-licensed companies.

The CEO and Co-Founder of Xpoint, Marvin Sanderson, said, "Being licensed in New Jersey allows us to collaborate with world-class companies like Mojo, and we're honored to be part of their team as they take their unique product to market.

We anticipate that the end of 2022 will be extremely busy for our team, and this will only get busier as we look ahead to 2023 and beyond as we continue to develop and add more partners to the elite group of businesses we now associate with.

For daily fantasy sports operators, Xpoint now offers Xpoint Lite in addition to Xpoint Verify, its geolocation service for real money games. Xpoint Verify offers operators geolocation technology embedded into partner platforms (web and apps), ensuring that they adhere to North American regulatory and compliance norms.

What is Responsible Gambling?

Every type of gambling should adhere to the principles of the Gambling Act and be performed securely and responsibly in order for it to be pleasurable but never detrimental to an individual or their family. This is the general idea behind responsible gambling. Although it may have a good time and entertaining form of entertainment, gambling can also have bad effects if it is not properly controlled by the player or the promoter. Consumers should always be informed of the odds or possibilities of winning, all the terms and conditions, and should be urged to play only with an amount they can afford and find pleasurable.