A new concept in virtual racing has been created which features incredibly realistic horse and greyhound tracks, and results based on real life race databases.
Virtual Live Racing is a global first in digital racing product innovation where virtual races are based on historical real race events and results data, not RNG products that are currently offered by legacy market suppliers.
Virtual Live Racing has been created by Isle of Man-based company Virtual Software which has a proven track record of innovation in eGaming. Chairman Vincent Caldwell started one of the first online wagering companies in the world which then went on to become the first online wagering company to list on the London Stock Exchange.
Caldwell said: “While virtual racing products operate in over 40 countries and are very much a mainstream wagering product with billions of pounds bet on them each year, we have identified a niche opportunity for a unique product. We have developed a real-time rendering engine deployed to deliver horse, harness and greyhound racing with high quality graphics and animations. Unlike other products, our technology ensures historic race data is anonymised and encrypted so outcomes cannot be known prior to the race being run. We believe that Virtual Live Racing has massive potential because it allows access into the $11billion USA tote wagering market, and other international regulated racing markets valued at $100 billion.”