In its legal struggle with GeoComply, Xpoint recently hailed a significant win when the US Court of Appeals for the Federal Circuit upheld a prior decision that dismissed GeoComply’s claims of patent infringement. The court’s decision upholds Xpoint’s freedom to conduct business without being legally hampered by GeoComply’s patent claims, and it is consistent with a previous decision by the US District Court.
A prominent participant in the online gaming geolocation market, GeoComply, frequently provides updates on sports betting events, including statistics such as active accounts during the Super Bowl and after sports betting became legal. In spite of their presence, the court decided that GeoComply’s allegations against Xpoint were without validity, enabling Xpoint to carry on with its independent business in the sector.
Xpoint’s Statement on the Decision
Xpoint expressed satisfaction with the outcome, stating, “We are pleased the court has ruled in our favor, affirming what we have maintained from the start: Xpoint has conducted its business legally and appropriately, and GeoComply has attempted to restrict competition through a patent that is invalid under US law.” This court victory, they noted, enables them to continue “to operate and innovate freely in the geolocation technology space.”
The ruling reinforces Xpoint’s commitment to fostering an open and competitive environment. “Xpoint will vigorously pursue opportunities to create choice for gaming operators,” they added, emphasizing their dedication to advancing geolocation technology for the industry.
Since early 2024, Xpoint has expanded its operations to cover 19 states, including Colorado, Michigan, and Pennsylvania. Partnerships with companies like Crab Sports and PrizePicks also support Xpoint’s continued growth in the geolocation market. Additionally, Xpoint appointed Ron Braunfeld as Chief Revenue Officer in July to drive further expansion.
Following the court’s decision, GeoComply acknowledged the result but emphasized its commitment to customers and innovation. “Our cutting-edge suite of solutions has never been about a single patent,” they stated, highlighting their technology’s reliability, which processes over 1.2 billion transactions monthly with over 99.99% uptime.
GeoComply expressed disappointment in the ruling, noting, “We respect the judicial process, but we stand firm in our belief that this specific innovation within our groundbreaking technology deserves protection from improper infringement.” They reiterated their dedication to promoting fair competition while protecting their intellectual property rights, underscoring their intent to defend their technological innovations.
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