BELFAST-born entrepreneur and racing enthusiast Vincent Caldwell has launched the first of two funding rounds to raise the next tranche of capital to take his pioneering virtual live racing product to a global audience.
Virtual sports games have seen incredible advancements in betting options, gameplay and fluidity, and the inclusion of licensed teams and player profiles. This makes them the ideal year-long post-season sports betting solution.
Sponsored by:
Parx Racing
Parx has become the biggest US casino and racetrack operator so far to partner with tote-enabled virtual racing pioneers Virtual Live Racing.
Parx Casino – Pennsylvania s number 1 casino and racetrack – offers state of the art gaming, thoroughbred racing, and exciting entertainment events. The 260,000 square foot Parx Casino and the 280,000 square foot Parx East (home to Parx Racing) are both located 20 minutes north of Philadelphia. Since Pennsylvania launched sports betting in November 2018, Parx has grown rapidly and now handles around $30 million per month with around 67 percent of that total being online (for example, the November 2020 total handle was $28.59 million, with $19.3 million online). Parx is the fifth US track to go live with products from Virtual Live Racing which is the brand created by developers Virtual Software Limited (VSL).