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DQE SELLS OFF 3D GAMBLING SOFTWARE

The Nordic Growth Market listed gambling software provider Designed Quality Entertainment AB (DQE) has announced the sale of its 3D Internet poker and blackjack software to Stockholm-based Proactive Gaming Scandinavia AB in a lease-buy deal worth SEK 8 million that includes all related activities, personnel and contracts.
 
The agreement means that Proactive Gaming will initially lease the platform for a specified period, after which the

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company will take over all rights to the business.
 
DQE powers online gambling websites like StarClubPoker, The3Dpoker.com, Vegas007.com and Leepoker.com, whose clients play poker and blackjack in virtual gaming rooms via the DQE gaming platform.
 
A company spokesman said that for DQE the transaction is part of a strategy to change corporate direction. The company intends to focus on selling automatic beverage inventory systems for bars, and the sale of the gaming platform will reduce running costs by some SEK8 million per year, as well as provide capital for developing the new business.
 
Norkopping, Sweden-based DQE entered the gaming business in late 2005, when it took over TDIG Förvaltning AB, and its commercial rights to a technologically advanced platform for Internet-based poker and blackjack, under development for the preceding two years in collaboration with several leading Swedish companies. 
 
Soon afterwards, the first gaming site, Vegas007.com, was launched with the newly established gaming company, Nostell Services.

In January 2007, DQE signed an agreement with Fiddler Investments Ltd, a company backed by major Asian gaming operators, with the aim of conquering a large part of the growing Asian market for Internet poker at an early stage, but this deal does not seem to have achieved significant traction.
 
Little is known about Proactive Gaming Scandinavia AB, a limited liability software and web design company with private ownership formed in early 2006 that has offices in Stockholm.



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US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

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