CALDWELL INDUCTED INTO SBC SPORTS BETTING HALL OF FAME & VLR JOIN WOTA
Well-known online betting pioneer Vincent Caldwell has two reasons to celebrate this month.
The CEO and Chairman of Virtual Live Racing was inducted into the SBC Sports Betting Hall of Fame in recognition of his lifelong contribution to the industry. That news followed hot on the heels of VLR becoming an Associate Member of WoTA (World Tote Association) which is the prestigious global organisation that brings together leading pari-mutuel/Tote operators.
Belfast-born Caldwell commented: “It’s been a very exciting month. Personally, it’s a huge honour to be inducted into the Sports Betting Hall of Fame – and professionally it’s great to see the Virtual Live Racing brand taking its place alongside other leading businesses in WoTA. As an Associate Member we’re looking forward to bringing a unique insight to WoTA from our perspective as a product innovator.”
SBC – the global gaming news, media and events business – launched the Sports Betting Hall of Fame in 2016 to honour the outstanding accomplishments of personalities who have made significant and lasting contributions to the industry. Announcing Caldwell’s induction to the Hall of Fame, SBC highlighted his contribution as a pioneer of internet betting, most notably as the Founder, Chairman and CEO of betinternet.com which was launched in 1998. In its first few months of trading on the London Stock Exchange the company was valued at just over £50 million.
Today, Caldwell’s success in the industry continues with Virtual Software, the Isle of Man-based company behind the Virtual Live Racing brand. Launched last year, (VLR) was the first in the world to develop, distribute and go live with a unique suite of virtual live racing thoroughbred, harness and greyhound products. The company uses award winning software developers and special effects experts from the movie and TV industry to create bespoke computer generated real-time, pari-mutuel wagering races. Its products use HD graphics and realistic race commentary – combined with results based on anonymised past performance data – to recreate all of the excitement and emotion that fans experience from betting on real life races.
VLR SPONSOR THIS WEEKEND’S DOWNPATRICK FESTIVAL
We are delighted to sponsor the 2021 Downpatrick Festival on June 12th and 13th.
It’s the latest example of our how we’re investing in the sport at grassroots level, and follows successful sponsorships over the past year or so which have seen the VLR brand become a familiar sight at tracks in Ireland and the UK through jockey sponsorship, race sponsorship and horse sponsorship. At the Downpatrick Festival our logo will be seen on the course and in the parade ring.
All of the VLR team are passionate about horse racing, but none more so than our Chairman Vincent Caldwell whose lifelong love of the sport began in Northern Ireland. He said: “The Downpatrick Festival always produces an exciting weekend of racing, and it’s a privilege for VLR to be associated with a track that has such a remarkable history dating back more than 300 years.”
Downpatrick is famous for being one of only five all-National Hunt (jump) racecourses in Ireland, and the home of the Ulster National which is a recognised trial for the Irish Grand National.