- Founded
- 2006-01-01 in Germany
- Headquarters
- Malta
- Phone
- +7 963 729 1004
GoldenRace, founded in 2006 in Germany, is a B2B provider of virtual sports and betting solutions, now headquartered in Malta. The company powers over 60,000 betting shops and 400+ websites, processing up to 25 million tickets daily. Known for hyper-realistic 3D virtual sports like football, horse racing, and greyhounds, GoldenRace also offers a full betting ecosystem including self-service terminals, VLT solutions, and a unified mobile platform (V5). The company was founded by Martin Wachter and his former boss René Wachter, aiming to revolutionize betting with realistic virtual football. Its flagship Virtual Football League, which uses motion-capture and real team data, is the most played globally. GoldenRace holds licences in multiple regulated markets including Italy, and has won awards such as 'Best Virtual Sports Provider 2026' at SiGMA Asia. With around 150 employees, it continues to expand in Latin America, Europe, and Asia through partnerships with operators like Snaitech and Olympia Apuestas Virtuales.
Detailed Review
History & Founding
GoldenRace was founded in 2006 in Germany by Martin Wachter and his business partner (now co-founder René Wachter). Martin Wachter, already active in iGaming, partnered with his former boss to create a more innovative betting experience. Initially focused on virtual football, the company quickly differentiated itself through unprecedented realism, utilizing motion-capture technology, real team data, professional commentary in multiple languages, and cinematic camera angles. This authenticity made its virtual football league the top-revenue virtual sport in several key markets, notably Italy where it partnered with Goldbet.
Business Model & Products
GoldenRace operates exclusively as a B2B provider, licensing its software to operators. Its product portfolio spans a virtual sportsbook with hyper-realistic 3D simulations of football, horse racing, greyhounds, tennis, and more; a retail hardware range including auto-terminals, VLT units, and satellite betting stations; and an online platform for desktop and mobile. The company launched its V5 mobile solution in July 2026, a unified app with WebGL branding and configurable funding options. Recent platform enhancements such as Rotating Display, Fast Ticket Checker, and Jackpot Viewer demonstrate its commitment to improving retail efficiency and player engagement.
Market Position & Partnerships
GoldenRace holds a strong position in the virtual sports segment, with its software powering over 60,000 betting shops and more than 400 websites worldwide, processing up to 25 million tickets daily. The company has a significant presence in Italy, where it became the first virtual sports provider to obtain a local licence, and signed a landmark deal with Snaitech for virtual football. In Colombia, a 2026 agreement with Olympia Apuestas Virtuales reinforced its leadership in Latin America. GoldenRace also maintains a strong footprint in Africa, Asia, and Eastern Europe.
Company Structure & Leadership
The corporate entity is Softquo Holding Ltd, headquartered in Malta. The company employs approximately 149 people. Senior leadership consists of Martin Wachter as CEO and Founder, and René Wachter as COO and Co-Founder. No public information was found regarding a dedicated CTO, CCO, or CFO; these roles may exist internally without public disclosure.
Key Products
Virtual Sports
Realistic 3D simulations of football, horse racing, greyhounds, motor sports, basketball, tennis, and more. Available for retail and online.
Crash Games
Instant-win multiplier games (e.g., Aviator-style) with growing multipliers; high engagement for online and retail.
Number Games
Keno, Bingo, and similar lottery-style games for casual betting.
Hit&Win
Instant-win scratch-card-style games with variable payouts.
Betting Solutions for Retail
Hardware terminals (VLT, autoterminals), satellite betting systems, and shop management software.
Betting Solutions for Online
Full turnkey web and mobile platform with API integration, odds management, and reporting tools.
Rotating Display
In-shop digital signage for dynamic promotion of events and jackpots (launched 2025).
Fast Ticket Checker
Self-service kiosk tool for rapid ticket validation (launched 2025).
Jackpot Viewer
Live jackpot tracking display for retail and online (launched 2025).
Online & Mobile Platform
Web and mobile solution with unified player account, WebGL branding, and API integration.
V5 Mobile Solution
Unified app and WebGL branding launched in July 2026.
Retail Betting Solutions
Hardware and software for shops: VLT terminals, auto-terminals, satellite betting, and display systems (Rotating Display, Jackpot Viewer, Fast Ticket Checker).
Virtual Sportsbook
Market-leading virtual sports simulation covering football, horse racing, greyhounds, tennis, and more. Features hyper-realistic 3D graphics, motion-capture animations, realistic odds, and multi-language commentary.
Retail Hardware
Self-service auto-terminals, VLT (Video Lottery Terminal) units, satellite betting stations, and lottery terminals for land-based betting shops.
V5 Mobile Platform
Next-generation unified mobile application (launched July 2026) with WebGL branding, custom point-of-sale funding, and cross-device compatibility.
Online Platform
Full turnkey online betting platform for desktop and mobile, including player account management, reporting, and integration APIs.
Betting Shop Solutions
Modular retail software with features such as Rotating Display (promotional screens), Fast Ticket Checker (instant result scanning), and Jackpot Viewer (real-time jackpot displays).
Virtual Football League
The company’s flagship product; the most played virtual football game globally, featuring authentic team kits, player likenesses, and dynamic commentary.
Offices & Headcount
149 employees (approx.)
Key Persons
- René (Rene) Wachter
Chief Operating Officer (COO) & Co-Founder
Martin WachterCEO & Founder