Innovative betting industry supplier Golden Race has become the first virtual sports developer to receive a Class 4 licence in Malta. The company received the recognition from the Malta Gaming Authority (MGA) earlier this month after an extensive application process.
The award of this licence is the latest development in Golden Race’s push to be the biggest virtual sports provider to the industry’s regulated markets.
Martin Wachter, Golden Race CEO and founder, said: “We are extremely proud to be the first virtual company to receive a Maltese Class 4 licence, which allows all companies who work under the Maltese Gaming Regulations to take advantage of our product there.”
He added: “The process takes a lot of time and effort to ensure all of the stringent guidelines are adhered to, but at Golden Race we strive to provide exactly what customers need to be successful, regardless of their location and regulations. Now those operators who love our products can use them fully licensed – it’s win-win all around.”
The company’s suite of games are used all across Europe, Africa, CIS countries, Latin America, and Asia. Golden Race is the creator of the revolutionary new Real Fighting game, a global pioneer in pre-recorded video virtuals, and its 3D Virtual League product is one of the most played in the world. The MGA licence is one of three licences recently obtained by the heavy-hitting company as it continues to expand around the world.