Game provider, virtual sports developer, and betting solutions provider.
Game provider, virtual sports developer, and betting solutions provider.
GoldenRace is renowned for its virtual football league, virtual horse racing, virtual greyhound racing, and dog racing products, with its Virtual Football League being among the most popular offerings.
The company was founded in 2006.
https://www.goldenrace.com
The official website provides a contact form and general email at [email protected], with physical addresses and additional phone numbers listed for specific business inquiries on their "Contact Us" page.
GoldenRace was founded by Martin Wachter, who also serves as CEO. The company remains privately held under his leadership.
Malta
The headquarters is in Malta, with additional offices reportedly in Spain and representation in several international regions including Latin America and Europe.
GoldenRace operates as a privately held company with regional branches and does not publicly list any major subsidiaries or significant affiliated entities.
Privately held
No verified public valuation or market capitalization figures are available for GoldenRace; privately held providers typically keep financial data confidential. Providers in this sector may be valued based on EBITDA multiples, revenue growth, and market share.
Key leadership includes Martin Wachter (CEO & Founder). Detailed management team composition is not publicly disclosed but typically includes executives overseeing product, technology, operations, sales, and compliance.
Current verified figures are not disclosed, but companies of comparable size typically employ between 100 and 250 staff members across technology, sales, support, and operations functions.
No public annual revenue figures are published; providers in the virtual sports and betting sector may have revenues ranging from several million to tens of millions of euros, depending on market penetration.
Main business segments include virtual sports games, live betting products, retail betting solutions, and online gaming platforms, distributed to both land-based and online operators.
Specific percentages are not provided; industry standards see virtual football as the leading segment, with additional revenue from other virtual events and platform solutions.
No provider-specific metrics are published. Industry-standard virtual sports providers have experienced double-digit annual growth, fueled by increased online gaming adoption and international expansion.
GoldenRace focuses on expanding its online portfolio, entering new regulated markets, and enhancing product lines, including esports and live numbers games, aligning with global trends in regulatory expansion.
GoldenRace holds multiple gaming licenses and certifications from reputable regulatory authorities such as the Malta Gaming Authority and Hellenic Gaming Commission.
The company is licensed to operate in several European countries (including Malta and Greece) and certified for distribution in Latin America, Africa, and other regulated markets.
Oversight is provided by authorities such as the Malta Gaming Authority, Hellenic Gaming Commission, and other relevant regional regulatory bodies, depending on license.
Specific pending applications are not disclosed publicly; leading providers routinely pursue renewals and new licenses as regulations and business needs evolve.
GoldenRace maintains certifications including RNG and game fairness attestations, compliance with local regulatory standards, and security audits from independent laboratories.
There are no widely reported public records of major sanctions or penalties against GoldenRace. Leading licensed providers prioritize compliance to avoid regulatory risk.
GoldenRace implements responsible gambling measures such as self-exclusion tools, player limits, and information access, complying with standard industry requirements.
Providers employ independent testing, RNG certifications, and transparency reporting to guarantee fair gaming and comprehensive player protection standards.
AML procedures are implemented, including transaction monitoring, suspicious activity reporting, and KYC compliance in line with regulatory requirements.
The platform supports KYC integration for operators, facilitating identity checks, age verification, and compliance with anti-fraud regulations.
GoldenRace games are certified by independent testing laboratories to ensure fairness, reliability, and regulatory conformity.
RNG certifications are maintained, typically issued by recognized certification bodies and labs to validate randomness and fairness in gaming products.
GDPR compliance is a standard, with data processing, privacy, and user rights protections in place and regularly audited.
Audit logs, regular compliance reporting, and system monitoring are provided to meet licensing and regulatory requirements.
Systems and games typically undergo audits annually, or in line with license renewal or regulatory demands, using third-party testing labs.
GoldenRace is considered a major player in the global virtual sports sector, reportedly “market-leading” in several regions and with a significant share in retail virtual sports betting.
Key competitors include Inspired Entertainment, Kiron Interactive, Betradar, and Leap Gaming, all strong in virtual sports and digital betting content.
GoldenRace’s strengths include realistic 3D visuals, customizable betting options, fast integration, and omni-channel retail and online solutions.
Strongest presence in Europe, Latin America, and Africa, with notable penetration in regulated retail and online betting markets.
The provider holds a positive reputation for reliability, innovation, and operational support, often cited for its realistic virtual football league product.
GoldenRace has received several industry awards, including SBC and EGR distinctions for virtual sports and innovation.
Pricing details are confidential; industry providers commonly offer revenue-share and license fee models competitively aligned with market standards for virtual sports products.
Its USP includes efficient turnkey solutions for both retail and online, strong localization, rapid deployment, and market-specific customizability.
Notable partnerships with major platforms, distribution aggregators, and operators worldwide, facilitating broad market entry and omnichannel presence.
The company positions itself as a leading supplier of realistic, fast-paced, and innovative virtual sports and betting solutions.
Strengths include strong virtual football content, market adaptability, and integration speed; improvement opportunities may include deeper expansion in emerging verticals or innovation in non-sports content.
The provider leverages trends in mobile gaming, omnichannel gaming, esports, and digitization of retail sports betting.
It regularly updates licensing, adapts products for new regulations, and places emphasis on regulatory agility to maintain global compliance.
Proven innovation history, including the development of advanced 3D sports engines and comprehensive betting platforms for online and retail.
GoldenRace is recognized for rapid product development and market responsiveness, regularly releasing updates and supporting emerging channels.
The software is used by over 400 operators globally, with widespread adoption in both retail and online sectors.
Major partners include prominent iGaming operators, sportsbooks, and platform aggregators, though specific names are not always publicly disclosed due to confidentiality.
Typical clients include licensed sportsbooks, casino operators, online betting platforms, and retail betting shops.
GoldenRace works with all operator tiers, including leading (Tier 1) global operators and regional/local betting businesses.
Retention rates are not publicly disclosed, but leading providers typically maintain high client retention through product updates and support.
Client acquisition involves gaming expos, direct sales, platform integrations, and digital marketing focused on regulated growth markets.
Standard contract lengths in the industry are generally 1-3 years with options for renewal and performance-based extensions.
Exclusive distribution deals and territory-specific arrangements are available, subject to negotiation and operator scale.
Comprehensive support during onboarding, technical integration, and launch, including training, product customization, and marketing guidance.
A structured onboarding process with dedicated account managers, technical workshops, and implementation support is provided to new clients.
Providers offer initial product training, detailed documentation, and educational webinars or workshops to client staff.
No public case studies are published, though GoldenRace regularly highlights successful global market entries and operator launches via industry press releases.
Periodic client satisfaction surveys, performance reviews, and feedback forms are standard methods for gauging satisfaction.
Multiple feedback mechanisms, such as support tickets, dedicated account contacts, and online forms, are in place for client input.
Standard dispute resolution involves multi-tiered escalation, beginning with account managers and progressing to executive and legal review if necessary.
Comprehensive support during onboarding, technical integration, and launch, including training, product customization, and marketing guidance.
Games include virtual football, horse racing, greyhound racing, speedway, basketball, and a suite of live and pre-recorded numbers-focused games.
Industry standards see new titles, features, or upgrades released quarterly or monthly, depending on client needs and regulatory changes.
Providers offer customized branded content and, on occasion, licensed intellectual property integration upon operator request.
Themes span traditional sports, racing events, numbers draws, and regionally themed offerings, with customizations for specific markets.
Demo and free play versions are routinely available to clients and players for most products.
A range of volatility settings is supported, allowing configurations for low, medium, and high variance to suit operator and market needs.
RTP rates vary per game but generally range from 85% to 97%, in line with industry standards for virtual betting content.
Progressive jackpot functionality is not a primary focus but can be implemented per operator requirements in industry-standard setups.
Features include various bet types, multipliers, in-game bonuses, and special event triggers for player engagement.
All modern games are fully optimized for mobile devices, supporting both native apps and mobile browsers.
Multiple language options are available, supporting over 20 languages, depending on client and regulatory requirements.
Games are localized for different regions, including language, graphics, themes, and rules to cater to local markets.
Standard features include adjustable interfaces, visual and audio options, and support for accessibility devices to ensure inclusivity.
A modern tech stack is used, typically including HTML5, JavaScript, Unix/Linux, cloud technology, and proprietary 3D engines for content delivery.
Games are built primarily using HTML5 technology, ensuring cross-device compatibility and robust performance.
RESTful and SOAP APIs are provided to facilitate integration with operator platforms and third-party solutions.
Games are designed for straightforward integration, featuring detailed documentation, sandbox environments, and dedicated support.
High-quality developer documentation is available, including API guides, integration manuals, and compliance support materials.
White label and turnkey solutions are offered, allowing operators to launch fully-branded platforms efficiently.
Operators can typically adjust RTP, volatility, language options, and some game mechanics based on platform flexibility.
Real-time reporting dashboards, detailed analytics, and operational data export tools are provided.
Yes, real-time data and statistics are supported across products and operator management tools.
Industry-standard encryption, secure coding, frequent vulnerability scanning, and multifactor authentication secure games and platforms.
Regular maintenance and scheduled updates are coordinated with operators to ensure continuous security and feature advancement.
Load and stress testing is routinely performed prior to release to optimize performance under high traffic.
Games support integration with multiple wallet systems and casino banking platforms.
Integration with various payment gateways is supported, depending on operator and jurisdictional requirements.
Offerings may include complete casino platform management, including games, payments, reporting, and CRM tools.
Includes real-time monitoring, player management, financial reporting, and configuration tools for operators.
Comprehensive sportsbook and virtual sports betting solutions are available.
Player registration, activity monitoring, responsible gaming controls, and CRM tools are standard features.
The platform offers bonus engines, customizable promotions, and loyalty program management.
Advanced CRM systems with segmentation, engagement tracking, and multichannel communication are included.
Affiliate management modules are present, supporting tracking, reporting, and commission management.
Marketing campaign management tools and engagement analytics are available to operators.
Tools include self-exclusion, limit-setting, time-outs, and responsible gambling information displays.
Business intelligence features with data visualization, predictive analytics, and custom reporting are provided.
Full support for multi-currency and multi-language operations is built in.
Comprehensive payment and financial management tools are embedded within the platform.
Integrated fraud detection, transaction monitoring, and alerting systems flag suspicious activities.
Automated compliance and regulatory reporting tools enable adherence to multiple jurisdictions.
Scalable architecture enables support for both small operators and large enterprises, with cloud deployment options.
Investments are made in cloud gaming, AI-driven analytics, mobile-first experiences, and advanced graphics engines.
VR/AR development capabilities are in progress or available upon request, reflecting evolving industry interest.
Limited but growing interest in blockchain and cryptocurrency integration, depending on regulatory acceptance and operator interest.
AI-driven personalization, risk management, and fraud detection features are being developed and adopted.
Mobile-first products are a strategic focus, including games designed exclusively for mobile use.
Ongoing development for emerging platforms, such as smart TVs, kiosks, and next-generation mobile devices.
Advanced analytics, player segmentation, and personalized experience features are offered to improve retention and engagement.
Patent application status is not disclosed; original virtual sports engines and proprietary content are used to maintain differentiation.
Continuous R&D investment and market research inform technology roadmaps and trend adoption strategies.
Significant R&D investments are made annually, focused on product innovation, regulatory compliance, and technology upgrades.
Collaborations with tech startups, external studios, and academic partners are regularly pursued for joint research and innovation.
New mechanics, such as ultra-realistic video rendering and hybrid instant/live betting options, are introduced ahead of market trends.
The company’s engine ensures seamless gameplay and synchronized data across PC, mobile, and retail terminals.
Ongoing focus on AI, enhanced mobile experiences, cloud scalability, and expansion into new regulatory markets.
Revenue-share, fixed license fees, transaction-based, and hybrid monetization models are available, depending on client needs.
Revenue share is typically in the 10-30% range, varying by contract size, operator, and services included.
One-time setup and integration fees are commonly charged, scaled to the complexity and market deployment scope.
Volume-based minimums may apply for certain business lines to ensure mutual commercial viability.
Multiple pricing tiers and customizable packages address the needs of different operator sizes and markets.
Discounted rates or incentives are often provided for long-term and high-volume clients.
Pricing is structured to be competitive within the virtual sports segment, aligning with industry norms for virtual content.
Optional premium features, enhanced analytics, or exclusive content may incur supplemental fees.
Flexible billing cycles are available—monthly, quarterly, or annually—with terms set by contract.
Performance-based models, such as volume or revenue linked pricing, are available by negotiation.
Early termination may involve penalty clauses or compensation for unrecouped investments, as stipulated in contracts.
Additional charges may apply for implementing new games, features, or custom content beyond initial agreement.
Ongoing technical support is usually included; advanced or premium support levels may be charged separately.
Geographic pricing differentiation is standard, reflecting local economic conditions, regulations, and costs.
Commercial terms are negotiable, with flexibility to align with operator size, business potential, and risk.
One to three years, with renewal and extension options, is the standard contract duration.
Territorial or product exclusivity may be available for strategic partners meeting certain minimum thresholds.
Performance or revenue guarantees can be negotiated in bespoke deals.
All IP remains with the provider unless otherwise negotiated. Operators receive a license for use based on contract terms.
Disputes are resolved per contractual procedures, often involving mediation, arbitration, or jurisdictional courts.
Contracts stipulate specific notice periods for termination, commonly 30-90 days, with conditions outlined.
Standard NDAs and non-compete clauses are included to protect proprietary information and market position.
Liability and indemnity provisions are specified to allocate risk and protect both parties in the agreement.
Force majeure clauses are standard, covering unexpected events and providing relief from obligations during such times.
Compliance with applicable laws and regulations is outlined as a contractual obligation for both parties.
SLAs specify uptime, response times, maintenance schedules, and performance targets, typically above 99% uptime.
Data handling and return or deletion provisions are included, aligning with data protection regulations post-contract.
Guidelines for marketing, use of trademarks, and game representation are often included to protect brand value.
Promotional approvals are required for campaigns leveraging provider IP or branding.
Amendments require mutual written agreement, with procedures detailed in the main contract.
Comprehensive technical support, including issue resolution, monitoring, and integration assistance, is provided.
24/7 support is offered for critical incidents; non-urgent support may be within business hours.
Support is available via phone, email, live chat, and ticketing systems.
Response times are defined by SLA with urgent issues prioritized, typically within a few hours for critical emergencies.
Dedicated account management ensures smooth operations, strategic planning, and ongoing relationship management.
Consulting services in regulatory compliance, product strategy, and platform optimization are available.
Training sessions, documentation, and ongoing knowledge transfer ensure successful use and operation of the platform.
Certification programs for operator staff can be provided, enhancing compliance and operational efficiency.
Marketing collateral, game imagery, promotional templates, and campaign support are offered.
Compliance advisors guide operators through regulatory and licensing processes as needed.
Specialist teams deliver implementation and integration support throughout the launch phase.
Premium or prioritized support services may be subject to additional fees.
Standard dispute resolution involves multi-tiered escalation, beginning with account managers and progressing to executive and legal review if necessary.
Formal escalation procedures ensure unresolved or complex problems are addressed by senior management and technical experts.
On-site technical support and operational visits can be arranged upon operator request.
Uptime guarantees are provided via SLA, often exceeding 99% uptime reliability.
Historical uptime performance is tracked and shared with clients as part of SLA commitments and reporting.
Maintenance windows and update schedules are communicated in advance with minimal disruption to operator services.
Disaster recovery and business continuity plans are in place, ensuring rapid restoration following incidents.
Backup systems, geo-redundancy, and failover processes protect against data and service loss.
Advanced performance monitoring with real-time reporting is included in operator management tools.
Load-balancing and capacity planning ensure seamless performance during peak or high-traffic periods.
Multi-layered security, including firewalls, DDoS protection, encryption, and continuous monitoring, is standard.
Regular security audits and penetration testing are performed annually or more frequently as required.
Documented incident response plans detail containment, notification, investigation, and post-incident review steps.
Service disruptions are communicated promptly via agreed-upon channels, with status updates and remediation plans.
Compensation or service credits may be provided based on the terms of SLA for unplanned outages or extended downtime.
Secure storage, regular backups, and data validation procedures guarantee data integrity for operator and player records.
Security and quality certifications may include ISO 27001 or similar standards and test lab approvals.
Automated reporting tools track system uptime, latency, error rates, and transaction volumes, regularly shared with operators.
No public figures, but industry standards see successful providers allocate 10-20% of revenue to R&D and innovation.
Verified headcounts are undisclosed; typical providers of similar scale employ 50-120 engineers and product developers.
Current focus areas include AI-driven gaming, omni-channel platform enhancements, and global compliance alignment.
Dedicated innovation and R&D teams are standard to foster product evolution and new technology evaluation.
Exploration includes advanced analytics, 3D engine improvements, cloud deployment, blockchain, and esports betting features.
Market feedback is solicited via client input, analytics, and trade show discussions, shaping product development.
Product cycles include concept, prototyping, compliance testing, soft launch, and full rollout, typically spanning 3-9 months.
External partnerships with boutique studios and tech vendors enhance innovation and expand engineering capacity.
QA processes involve automated and manual testing, multi-jurisdictional compliance checks, and regression testing.
Feature roadmaps are prioritized by market demand, regulatory changes, and operator feedback.
Early access and beta testing programs allow selected operators to pilot and refine new releases.
Robust IP protection measures are taken, including software encryption, patent filings, and contractual clauses.
Agile, Scrum, or Kanban methodologies structure product development, emphasizing adaptability and iterative improvements.
Build processes emphasize cross-platform compatibility from the ground up, with unified engines and responsive design.
UI/UX adheres to intuitive, modern design standards with accessibility, device responsiveness, and regulatory compliance.
GoldenRace targets expansion into regions such as North America and new regulated markets in Africa and Asia.
The provider is actively pursuing new licenses in North American, African, and Asian jurisdictions in alignment with its expansion strategy.
Plans include increasing market share across Latin America, Sub-Saharan Africa, and emerging regulated regions.
Development of esports, instant win games, and number draws is ongoing, expanding beyond traditional virtual sports.
Strategic alliances and platform aggregator partnerships are a priority; no recent M&A activity is publicly reported.
Competitive strategies include continual product innovation, localization, and early entry into newly regulated verticals.
Increased investment is directed toward international marketing, trade shows, and digital lead generation for B2B sales.
New channels include mobile-only platforms, aggregate B2B networks, and targeted partnerships in under-penetrated markets.
Real-time analytics and agile content development strategies ensure alignment with evolving player behaviors.
GoldenRace positions itself as a consolidator in emerging regulated verticals, supporting operator growth through flexible solutions.
Proprietary hardware is not a central focus; partnerships with established technology providers support retail deployments.
Regulatory monitoring and a flexible compliance team allow swift adaptation to evolving regional requirements.
Emphasis on R&D, tech partnerships, and tailored regional content ensures ongoing competitive advantage.
Leading with mobile-first design and exclusive mobile content provides a strong position in growth sectors.
Focus remains on virtual sports and numbers games, though hybrid virtual-live options and streaming may be explored.
Esports and virtual sports expansion are core strategies amid rising demand for these betting formats.
Initial steps in blockchain and crypto support are taken as regulatory and market demand evolves.
AI-powered games and adaptive content are in development to enhance personalization and retention.
Ongoing updates to player controls, limit-setting, and player education address responsible gambling trends.
Products are localized and tailored for emerging demographic segments as part of business development.
Payment system integration evolves to accommodate new methods including e-wallets, instant payments, and cryptocurrencies.
Seamless omnichannel tools are offered, allowing synchronized gameplay and unified player management.
Enhanced compliance monitoring, regular updates, and automated reporting address rising regulatory scrutiny.
Strict protocols, encryption, and periodic audits ensure robust data protection in line with privacy regulations.
Emphasis on remote-friendly roles, continuous training, and competitive compensation attracts and retains top talent.
Regular feedback collection, client workshops, and agile product development meet evolving market expectations.
Investments in cloud infrastructure support scalability, data resilience, and next-generation service delivery.
Optimization initiatives reduce latency, improve graphics performance, and provide instant access across devices.
Enhanced BI suites and predictive analytics tools drive data-based decision-making for operators.
Ongoing improvements simplify API integration and expand compatibility with third-party platforms.
Proactive security patches, advanced encryption protocols, and continuous vulnerability management are core practices.
Modular architecture and microservices approaches enable rapid scaling and tailored operator solutions.
Adoption of modern frameworks (React, Node.js, Unity/Game Engines) keeps products at technological cutting edge.
Automated content management and fast content delivery network integration ensure prompt updates and feature rollouts.
Predictive analytics for player behavior and operator reporting is under ongoing development and deployment.
QA automation, continuous integration, and third-party validation improve reliability and expedite releases.
New internal and client-facing communication tools (chat, workflow apps) are deployed to enhance collaboration.
Automated content management and fast content delivery network integration ensure prompt updates and feature rollouts.
Automation in deployment, monitoring, and incident resolution streamlines operations, reducing human error and response times.
Preparations include investment in AI/ML, mobile streaming, and cloud-native architectures for future platforms.
Legacy systems are upgraded or replaced with modular, scalable architectures to meet contemporary market and compliance needs.