iGaming Business – Elray Gaming, the online gaming and turnkey solution subsidiary of Elray Resources Incorporated, has launched its proprietary virtual horse racing product.

SimVRacing, a virtual thoroughbred horse racing product, is now live, with races taking place every four minutes at four different race tracks.

Elray has developed the technology and owns the intellectual property of the product, having completed the acquisition of the SimRacing platform from BetTek in April.

“We have worked tirelessly to reach this stage,” Elray chief executive officer Brian Goodman said.

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