Daily Poker News

DQE Announces Sale of their Internet Poker and Blackjack Gaming Software

On August 7th, 2008, the Nordic Growth Market listed gaming software provider Designed Quality Entertainment AB has announced the sale of their 3D online poker and blackjack gaming software worth 8 million Swedish Kroner that includes all related activities, personnel and contracts.

The agreement also means that Proactive Gaming will initially lease the platform for a specific period of time, after which the company will take over the management of the business. DQE power internet gaming sites like StarClubPoker, The3Dpoker.com, Vegas007.com and Leepoker.com, whose customers enjoy poker and blackjack in online gambling rooms via the DQE gaming platform.

A company spokesperson commented that for DQE, the whole transaction is part of strategy to redirect the direction of the company. The organization wants to focus on selling beverage inventory system for bar and the sale of the gambling platform will reduce the managing cost by 8 million Swedish Kroner. DQE entered the gambling business in late 2005, when it took over TDIG Forvaltning AB and its rights to a gaming platform for online-based poker and blackjack.

Afterwards, the first online site, Vegas007.com was debut with established gambling company, Nostell Services. In January 2007, DQE finalized an agreement with Fiddler Investments Limited, a company supported by major Asian gambling operators with the goal of expanding its presence in the growing Asian gambling market for online poker.


08/24/2008, Sunday