Exhibit 10.23


 


Software Delivery Agreement No: 12-06-14


 


GAMING PLATFORM


 


TO DELIVER A BETTING
GAMING PLATFORM IN LINE WITH THE CLIENT’S FUNCTIONAL REQUIREMENTS


 


THIS AGREEMENT made
effective as of  June 12, 2014  (the “Agreement”)


 


BETWEEN:


 


Swiss Interactive
Software GmbH, Switzerland registered company, with offices located at


Avenue Beauregard 12, CH-1701 Fribourg,
Switzerland (the “Provider”)


 


-AND-


 


DK SinoPharma, Inc. DBA VGambling, with
offices located at Suite No. 4, Weathered Bldg.





Redcliffe Street

St. Johns, Antigua & Barbuda

(the “Licensee”)


 


The Parties to the Agreement hereby premise the following:


 


Provider
assumes responsibility for the development and delivery of the Gaming Platform to the Licensee that is defined within the contents
of Appendix A. Conversely, the Licensee is responsible for accepting the Gaming Platform and for issuing the associated payment
for its use.


 


The Provider is recognized as
the Gaming Platform owner;


 


The Licensee
is a company that offers e-gaming events and has sought the Provider’s approval for use of its Gaming Platform by the Licensee;


 


The Licensee
has sought the services of the Provider in delivering support for use of the Gaming Platform by the Licensee and the Provider has
agreed to deliver such Gaming Platform support services as agreed upon according to the present Agreement;


 


The Provider
hereby agrees not to License the Gaming Platform to any other Licensee for use connected with virtual gaming wagering for a period
of two years from the start date of the present Agreement. The term “virtual gaming wagering” in this case refers to
the activities connected with placing bets on events, which involve the act of playing various video games on PCs, all sorts of
video game consoles and mobile devices.


 


The Parties hereby agree on
the following Terms and Conditions of cooperation:


 


1. Granting of Gaming Platform License


 


The Provider
hereby hands over the Gaming Platform to the Licensee in accordance with Appendix A of the present Agreement and grants a restricted
License to its use.


 


The Licensee
undertakes to use the Gaming Platform for processing its own data and for offering internet gaming events to its clients, also
activities and related services only.


 


The Gaming
Platform use is restricted to implementation on and in conjunction with the present Agreement.


 




    1


     


    

 


The
Licensee is limited to the Gaming Platform as described in Appendix A and B,
with its current components and in its current version. It shall not be deemed to extend or include any program or material
belonging to the Provider other than the Gaming Platform.


 


2. Support Services


 


2.1 The Provider
hereby undertakes to provide the Licensee, who accepts, with such Gaming Platform Support Services as described in Appendix D attached
to this Agreement.


 


2.2 To this end,
the Provider undertakes to make available professional employees or to contract professional persons to efficiently provide the
afore-mentioned Support Services throughout the duration of this Agreement.


 


2.3 The Licensee
hereby undertakes to serve a notice to the Provider of any request for Gaming Platform Support Services providing therein a description
of the Gaming Platform difficulties encountered and the issues that are expected to be addressed by the Provider in providing Support
Services therefore.


 


2.4. All Support
Services will be classified in either of the following four severity levels, based on the respective definitions hereunder agreed
upon. The response time for each severity level is defined as follows:


 





	Severity	Definition	Response time
	Critical	The
    request has a critical business impact on hour the licensee’s live environment resulting in the inability to use the
    software.	Less than 2 business
	High	The request has severe business impact, limiting the usage of one or more major functions of the software in the licensee’s live environment. The live environment is stilt operational, but restricted.	
        Less than 8 business hours

         

	Medium	The software still functions in the licensee’shours business environment, but there are functional limitations that are not

critical in the daily operation.	Less than 16 business
	Low	Minor infractions including documentation or cosmetic error.	
        Less than 40 business hours

         








 






    2


     


    

 


The
Licensee is to assign the severity level to a request for support based on the definitions shown below and must clearly indicate
the severity level assigned in the Support Services request sent to Provider. The Support Services request must also clearly state
the reasons for the severity level assigned and the nature of the issue. The Licensee may also set a priority based on the urgency
and impact on their business environment. The Provider will review the severity level assigned to the request and allocate the
appropriate resources to resolve it. The Provider will use commercially reasonable efforts to resolve and correct the reported
cases. If the Provider determines that a request results from a problem within the product that can be temporarily circumvented,
the severity level will be re-evaluated to determine the appropriate course of action.


 


3.
Term of the License


 


a)
Effective duration period of Gaming Platform License is not limited.


 


b)
Termination shall become effective upon the expiration of the original or extended period during which notice of termination is
duly served upon the other Party. In this manner, fees and any money due in terms of this Agreement shall continue to be due for
the full term of the Agreement, during which such notice is given.


 





c)
Any renewal or extension of the Term for the License given in this Agreement is only validly contracted if done in writing.


 





d)
Any negotiations for renewal or extension of the License and any such renewal or extension of the License are without prejudice
to the rights of either Party to terminate this Agreement as stipulated in Article No
16.


 





Services
from Third Party


 


The
Licensee holds the Provider free and harmless
from any liability that may arise from action taken pursuant to services obtained from third parties.


 


4.
Fees Payable under the Agreement


 


Gaming
Platform Set-Up and Development Fees


 


As
agreed by the Parties, the cost of Gaming Platform set-up and customization shall amount to € 20 000 Euro.


 


The
Parties have also hereby agreed to introduce a number of additional developments and customizations into Gaming Platform dealt
with in the present Agreement. The entire price list for Gaming Platform implementation, additional development and customizations
payable under the present Agreement is given in Appendix B.


 


Any
extra developments required by the Licensee apart from the ones included into Appendices A and B of the present Agreement and
their pricing shall be negotiated separately by the Parties. If necessary, any such extra developments can be incorporated into
the present Agreement by way of supplementary agreements or amendments duly negotiated and signed by the Parties thereto.


 


Support
Services Fee


 


The
Licensee undertakes to compensate to the Provider the fees for the Support Services applicable for the delivered Gaming Platform
and all additional developments and customizations provided by the present Agreement. All support fees shall be based on particular
percentages of the Licensee’s monthly total revenue, with minimum and maximum limitations. The detailed price breakdown for support
fees payable under the present Agreement is contained in Appendix B.


 




    3


     


    




 


Support
Services Fees are due according to time sheets for services provided agreed to in Appendix C attached to this Agreement and
fall due upon receipt of a payment request by the Licensee from the Provider. The fees agreed to in this article are
exclusive of any applicable Value Added Tax or other tax that is payable in terms of law.


 


5. Delivery and Installation


 


Delivery shall
be deemed to have taken place when the Gaming Platform has been installed on the Equipment provided by the Provider. The Provider
is to indicate the Equipment to the Licensee by specifying its location and type. Upon receipt of this notice the Provider undertakes
to deliver the Gaming Platform to the Licensee and to install it on the Equipment in question. Installation shall be deemed to
have taken place when the Gaming Platform is available for use on the Equipment by the Licensee and independently of whether the
Licensee can run all desired applications on it. The required Equipment configuration is contained and described in Appendix C
of the present Agreement.


 


6. Acceptance Procedures


 


After the installation
of the Gaming Platform, the Provider is to supply to the Licensee results derived from the process of such test data which in the
reasonable opinion of the Parties is suitable to test whether the Gaming Platform is in accordance with the applicable technical
requirements.


 


The Licensee shall
accept the Gaming Platform immediately after the Provider has demonstrated that the Gaming Platform has correctly processed the
test data by achieving the expected results.


 


Should the results
of the test data show that the Gaming Platform does not fulfill any specification, then in this case the Provider is obliged to
correct such errors at his earliest convenience upon receipt of notice from the Licensee that such error is unacceptable. Tests
as stipulated in the preceding paragraphs of this Article are to be re-taken.


 


Notwithstanding
the above, where the Gaming Platform becomes operational, then installation is deemed to be completed and accepted.


 


7. Copying


 


The Licensee is
prohibited from making copies of the Gaming Platform, whether in part or in whole and for any reason whatsoever.


 


Provided that
where the Licensee has shown to the Provider that copies of the Gaming Platform are required by the gaming licensing authority
from whom the Licensee seeks or holds a license, then the Provider shall not refuse to give its consent. Any such consent given
is restricted to the presentation of a copy of the Gaming Platform to the relative gaming licensing authority and does not include
a warranty by the Provider that the Gaming Platform is acceptable to that authority.


 


Provided further
that the Provider undertakes to provide the Licensee with such information that may be reasonably required by the respective gaming
licensing authority and that is related to the Gaming Platform.


 




    4


     


    




 


8. Alteration Procedures


 


8.1 All the
modifications to the Gaming Platform can be done only by Provider, either upon its own initiative and for whatever reason, or
upon a reasonable request from the Licensee.


 


8.2 The Licensee is prohibited from
translating, adapting, varying, modifying, disassembling, decompiling or reverse engineering of the Software, its components,
applications or derivatives.


 


9. Limitations


 









The Licensee undertakes
not to, and shall ensure that its employees do not, use the Gaming Platform, or any part thereof:


 


	 	a)	to take or to facilitate the taking of any real money wager from any platform user who, at the time of making the wager, is located within the United States of America, Switzerland (unless the Licensee has been previously awarded any specific gaming license allowing to accept bets on sports and active throughout the European Union and other required locations), or


 


		b)	in any way which is prohibited by any applicable gaming
regulator. 



 


10. Rights of
Property







 


Without prejudice
to the License of use granted to the Licensee under this Agreement, the Parties declare and agree that the Provider remains the
sole and exclusive owner of the Gaming Platform and of the Intellectual Property Rights thereover.


 


The Licensee undertakes
to notify the Provider immediately upon the Licensee becoming aware of any unauthorized use of the whole or any part of the Gaming
Platform.


 





Should the Licensee
decide to terminate the relations under the present Agreement, he is entitled to obtain and, if necessary, to disclose to third
party the following data and software elements:


 


	 	a)	Software graphic designs (smarty templates and CSS)


 


	 	b)	Mobile optimized software version (HTML 5)


 


	 	c)	Other specific additional developments ordered by the Licensee in line with the present Agreement


 


	 	d)	All the player’s data (names, contacts, balances and balance movements)


 


	 	e)	The entire player’s betting history










 





Transfer of any
other data and components shall be negotiated separately by the Parties to the present Agreement.


 


11. Intellectual Property Rights


 


11.1 The Parties
agree that the Provider, being the exclusive owner and developer of the Gaming Platform, retains full intellectual property rights
over it.


 


11.2 Without prejudice
to this, should any claim be brought against the Licensee by any third party alleging that the Gaming Platform or use thereof infringes
the Intellectual Property Rights of a third party, the Licensee is to promptly notify the Provider of receipt of this claim. Where
notice of such a claim is given to the Provider, the latter shall defend at its own expense any such claim brought against the Licensee
provided that the Licensee is to ensure reasonable assistance in respect of the claim.


 




    5


     


    




 





11.3 If, in the
Provider's reasonable opinion, the use of the Gaming Platform is or may become the subject of a claim related to Intellectual
Property Rights therein then the Provider may replace or modify the Gaming Platform in such a manner as to ensure that they become
non-infringing. Such modification does not require the consent or approval of the Licensee, unless such modification would render
the Gaming Platform non-compliant with the applicable technical requirements.


 


12. Warranties


 


12.1
The Provider warrants that the Gaming Platform is compliant with the specifications indicated in Appendix A attached to this Agreement.


 


If the Provider
receives written notice from the Licensee after acceptance of any breach of the said warranty, then the Provider shall at its own
expense remedy the defect or error in question at his earliest convenience.


 


The Provider undertakes
to provide the Support Services diligently through employees or agents who are deemed by it to have the required experience.


 


The said warranties
above shall be subject to the Licensee complying with its obligations under the terms of this Agreement.


 


12.2 To the extent permitted at law, the Provider:


 


a. Disclaims
all other warranties with respect to the Gaming Platform, either express or implied, including but not limited to any implied warranties
relating to quality, fitness for any particular purpose or ability to achieve a particular result;


 





b. Makes
no warranty that the Gaming Platform is error free or that its use will be uninterrupted and the Licensee acknowledges and agrees
that the existence of such errors shall not constitute a breach of this Agreement.


 





In the performance
of the obligations undertaken in this Agreement, both Parties undertake to collaborate between themselves with the purpose of ensuring
the efficient performance of their respective obligations.


 


13. Confidential Information


 


13.1
Each Party undertakes to the other that it will treat as confidential, and will use its reasonable endeavors to procure that its
directors, employees, professional advisers and agents will treat as confidential, the terms and conditions of this Agreement
as well as product architecture, data structures, algorithms and/or general information of technical or business nature or otherwise
relating to the business or affairs of the other Party which it may receive in connection with this Agreement, and will not (and
will use its reasonable endeavors to procure that its directors, employees, professional advisers and agents will not) disclose
or use such information other than strictly for the purposes of this Agreement except with the written permission of the other
Party.


 


13.2 Each Party
to this Agreement shall promptly notify the other Party if it becomes aware of any breach of confidence by any person to whom it
divulges all or any part of the Information and shall give the other Party all reasonable assistance in connection with any proceedings
which the other Party may institute against such person for breach of confidence.


 


13.3 The foregoing
obligations as to confidentiality shall remain in full force and effect notwithstanding any termination of the License or this
Agreement.


 




    6


     


    

 


14. Termination


 


14.1 The Licensee
may terminate the License at any time by giving at least1  (one) month prior written notice to the Provider.


 


The Provider may
terminate the License forthwith on giving notice in writing to the Licensee, if:


 


a. The
Licensee commits any serious breach of any term of this Agreement and if in the case of a breach capable of being remedied shall
have failed, the Provider shall remedy the breach at his earliest convenience. Whether a breach is capable of being remedied or
not is within the discretion of the Provider. Where the Provider considers a breach as one capable of being remedied and sends
a request in this regard to the Licensee, such notice must contain a warning of the Provider’s intention to terminate should the
breach not be remedied. Or


 


b. The Licensee
permanently discontinues the use of the Gaming Platform.


 





Forthwith upon
the termination of the License, the Licensee shall return to the Provider the Gaming Platform materials and all copies of the
whole or any part thereof, its derivatives, components and applications from the hardware and any magnetic media on which
they are stored and certify in writing to the Provider that they have been destroyed.


 


The Licensee may extract and store any
Licensee player data only upon a separate media for continuity purposes.


 


14.2 The Provider
reserves the right to terminate the Agreement if Licensee delays in the payments stipulated in p. 4.1 exceeds 1 month, by giving
at least one (1) month prior written notice to the Licensee.


 


14.3 Any termination
of the License or this Agreement (howsoever occasioned) shall not affect any accrued rights or liabilities of either party nor
shall it affect the coming into force or the continuance in force of any provision in this Agreement which is expressly or by implication
intended to come into or continue in force on or after such termination.


 


15. Data Protection


 


The Parties undertake
to comply with the provisions of the relevant data protection legislation applicable to both of the Parties and to any related
or subsidiary legislation in so far as the same relates to the provisions and obligations of this Agreement.


 


16. Assignment


 


The Licensee is
expressly prohibited from transferring, assigning or in any manner giving to third parties any rights, licenses, or obligations
which it has undertaken in this Agreement. Any of the afore-mentioned actions might be possible only upon prior written approval
from the Provider.


 


Any assignment
or transfer of whatsoever nature made by the Licensee in violation of this whole Article will be null, void and without effect.


 


17. Force Majeure


 


17.1.
Notwithstanding any provisions of this Agreement, neither Party shall be liable for its inability in performing any of its obligations
hereunder (other than an obligation to make payment) if such inability is caused by or arises as a result of circumstances beyond
the reasonable control of the relevant Party including, without limitation, inability or delay caused through acts of God, fire,
flood, riot, war, industrial dispute of any kind (other than disputes involving that Party’s own employees or the employees
of an associated company to that Party), lightning, explosion, civil commotion, malicious damage, storm, tempest, act of government
or other regulatory authority, acts or omissions of persons or bodies for whom the Party affected thereby is not responsible,
and any other circumstances beyond the reasonable control of the relevant Party.


  




    7


     


    




 


17.2. If any one
of the events mentioned above impact Parties’ abilities to fulfill obligations defined by this Agreement within its duration period,
the software delivery timing and/or period of warrantee will be extended by the period of the event(s).


 


17.3.
If either Party is unable to perform duties defined by the Agreement, it should inform the other Party within three business
days in a written form as to commencement, duration and conclusion of the above-mentioned circumstances.


 


17.4.
If either Party fails to issue the notice or delays its issuance beyond the timeframe defined in P.5.3, it loses the right
to utilize any of the circumstances/events listed in P.5.1 as the justification for freeing itself from the responsibilities assumed
within the context of the Agreement.


 


18. Notices


 


With the exception
of Purchase Orders, acknowledgements, invoices, payments, and other usual and routine communications, all other notices or writings
required or permitted under this Agreement, including but not limited to notices of default or breach, shall be signed by an authorized
representative of the sender, sent to the respective individuals identified below (which may be changed by written notice to the
other), and shall be deemed to have been received (a) when hand delivered to such individuals by a representative of the sender,
or (b) three (3) days after having been sent postage prepaid, by registered or certified first class mail, return receipt requested,
or (c) when sent by electronic transmission, with written confirmation by the method of transmission, or (d) one (1) day after
deposit with an overnight carrier, with written verification of delivery.


 


19. Appendices


 





The provisions
included in Appendices A, B, C, D attached to this Agreement shall be deemed to form an inherent part of this Agreement and are
to be read in conjunction with this Agreement and are binding upon the Parties.


 


21. Severance


 





If any provision
of this Agreement is prohibited by law or declared by a court to be unlawful, void, null or unenforceable, the provision shall,
to the extent required, be severed from this Agreement and rendered ineffective as far as possible without modifying the remaining
provisions of this Agreement. This shall however have no effect on the other provisions of this Agreement which shall remain firm
and valid between the Parties.


 


23. Proper
Law and Jurisdiction


 





21.1 The law of
Switzerland shall govern this Agreement and the Parties shall first of all seek to resolve any disputes that may arise in relation
to this Agreement amicably and in good faith. If this does not succeed the dispute shall be resolved by the matter being put before
a person who has experience in the field of intellectual property rights and who is appointed by the Parties jointly to act as arbitrator in the matter.
Should the Parties fail to agree on a joint nomination of one person then such dispute shall be referred to the appropriate legal
institution acting under the jurisdiction of Switzerland.


 


On condition that
the Provider retains the right to sue for the recovery of fees due to it in terms of this Agreement in any jurisdiction in which
the Licensee is operating or has assets.


 




    8


     


    




 


Provided that
the Provider retains the rights to sue for breach of its intellectual property rights and other proprietary information, whether
related with this Agreement or otherwise, in any jurisdiction where it has reason to believe that an infringement or breach of
this Agreement in relation to its Intellectual Property Rights might be taking place.


 


21.2 The Licensee
recognizes that a breach or a threatened breach of the Provider’s Intellectual Property Rights will cause the Provider irreparable
damage and consequently that in this event the Provider is entitled to injunctive and other measures that prevent the threatened
breach or stop the breach of its Intellectual Property Rights.


 


22. Relevant Law and Jurisdiction


 


Both Parties undertake
to comply with all applicable laws, rules and regulations in respect of all activities conducted under this Agreement.


 


23. Amendments


 


This Agreement
may not be amended, varied or modified in any manner except by an agreement in writing signed by a duly authorized officer or representative
of each of the corresponding Parties.


 


24. Entire Agreement


 


This Agreement
supersedes all prior agreements, arrangements and undertakings between the Parties and constitutes the entire scope of agreements
between the Parties relating to the subject-matter of this Agreement. However the obligations of the Parties under any pre-existing
non-disclosure agreement shall remain in full force and effect in so far as there is no conflict between the same.


 


25. Counterparts


 


This Agreement
may be executed in any number of counterparts or duplicates, each of which shall be an original, and such counterparts or duplicates
shall together constitute one and the same agreement.


 




    9


     


    

 


Signatures
of the Parties


 





	
        The Licensee

         

        DK SinoPharma, Inc. DBA VGambling, with offices
        located at Suite No. 4, Weathered Bldg. Redcliffe Street St. Johns, Antigua & Barbuda
	
        The Provider

         

        Swiss
        Interactive Software GmbH, Switzerland registered company, with offices located at Avenue Beauregard 12, CH-1701 Fribourg,
        Switzerland

	 	 
	Mr.
    Grant Johnson 	Mr. Yan Rozum







 






    10


     


    

 


 


Appendix A


 


Related
to Software Delivery Agreement SwisslS No: 12-06-14


 


Features
to be delivered in terms of the Agreement


 


To
deliver a fully-featured Betting Sportsbook powered with:


 


		1)	Wagers:
                                         Spread, Asian Handicap, Goals by Team, Match Odds, Odd / Even, Most goals in which
                                         half, Double Chance, Correct Score, Halftime / Fulltime, Over / Under, Totals Goals and
                                         Outright



 


		●	Create
                                         custom wager labels on the fly (such as “Who will score the most” based on
                                         “Goals by Team”)



 





		●	Unlimited
                                         number of props, futures, and match-ups in all sports



 





		●	Multiple
                                         line-sets



 


		2)	Multi
                                         -currency and -language support



 


		●	Supports
                                         all currencies and languages



 





		●	Live
                                         update of exchange rates



 





		●	Built-in
                                         language editor



 


		3)	Odds



 


		●	American,
                                         Decimal, Malay odds formats



 


		4)	Grading
                                         and Roll-back



 


		●	Automatic,
                                         manual and forced event grading






 


		●	Custom
                                         grading and funds distribution routines for all wager types and options



 





		●	Rollback
                                         events and re-announce winners






 


		●	Alarms
                                         on unsettled and finished events



 


		5)	Password
                                         Security



 


		●	Define
                                         password expiration interval for operator and player accounts



 





		●	Password
                                         and username strength detection



 





		●	Restrict
                                         use of same password after expiration



 


		6)	Other



 


		●	Player
                                         profiling



 





		●	Operator
                                         accounts with access rights



 





		●	Directory
                                         of all leagues, teams and players



‘


		●	Odds
                                         management



‘


		●	Messaging



‘


		●	Alarms
                                         and notifications



 





		●	AJAX powered interface


 




    11


     


    

 


		7)	Control
                                         Panel



 


		(i)	Events
Management



 


		●	Manage
sports and leagues



 


		●	Manage
regular events and odds



 


		●	Manage
exposure



 


		●	Manage
live events



 


		●	Start
and manage repeated events



 


		●	View
alarms and manage ungraded events



 


		●	Rollback
previously graded events



 


		●	View
exposure



 



		(ii)	Statistics



 


		●	View
overall daily win/loss report



 


		●	View
player balances by currency



 


		●	Multiple
win/loss reports by:



 


		○	Market



 





		○	Wager
type



 





		○	Country



 





		○	Players



 





		●	View
import logs



 


		(iii)	Player
Profiling



 


		●	Search
and manage player accounts



 


		●	Define
multiple risk limits



 


		●	Manage
balance and view transaction history



 


		(iv)	Betting
History



 


		●	Search
and manage players bets



 


		●	Search
and manage over-limit/high bets



 


		●	Real-time
betting monitor



 


		(v)	Platform
setup



 


		●	Define
settings and options



 


		●	Manage
custom wager types



 


		●	Manage
currencies



 


		●	Manage
languages



 


		(vi)	Administration



 


		●	Search
and manage operator accounts



 


		●	Define
access rights



 


		●	Define
exposure limits



 




    12


     


    

 


		(vii)	System
                                         logs



 


		●	View
                                         login history



 





		●	View
                                         action log



 


		(viii)	Transactions



 


		●	Search
                                         and view player transactions



 





		●	Manage
                                         deposit/withdrawal requests



 


		(ix)	Messaging



 


		●	Send
                                         mass mail to users



 


		8)	Player
                                         Area



 


		(x)	Interface



 


		●	AJAX
                                         powered - player always remains on the same page



 





		●	Odds
                                         format controls



 





		●	Language
                                         selector



 





		●	Live
                                         balance update



 





		●	Instant
                                         events menu



 





		●	Search
                                         form to find events by keyword



 





		●	Instant
                                         background and manual odds refresh



 





		●	Notification
                                         on event status changes



 





		●	Sign-up
                                         and password restore forms with field checks



 


		(xi)	Profile
                                         Management



 


		●	View
                                         overall account information



 





		●	View
                                         and update personal information



 





		●	Manage
                                         time-zone information



 





		●	Limit
                                         total deposits and manage self-exclusion status



 





		●	Search
                                         and view deposit/withdrawal transactions



 





		●	Search
                                         and view betting history



 





		●	View
                                         service messages and notifications



 





		●	Deposit
                                         funds



 





		●	Submit
                                         a withdrawal request



 





		●	View
                                         login history



 


		(xii)	Betting
                                         Slip



 


		●	Straight
                                         betting



 





		●	Instant
                                         profit calculation






 


		●	Instant
                                         alarms on incorrect input



 





		●	Balance
                                         and limit checks



 




    13


     


    

 


		9)	Risk
                                         Management



 


Overview
of player limits:


 


		●	Minimum
                                         / maximum amount per bet



 


		●	Minimum
                                         / maximum amount per event



 


		●	Maximum
                                         winning amount per bet



 


		●	Maximum
                                         total potential winning amount



 


		●	Betsafe
                                         limit %



 


		●	Option
                                         to overwrite event limits



 


Event
limits:


 


		●	Minimum
                                         / maximum amount per bet



 


		●	Budget
                                         (total amount) to suspend



 


		10)	Server
                                         configuration and maintenance



		11)	Open
                                         interfaces



		12)	CMS



		13)	Payment
                                         processor (3 plug-ins)



 


Custom
Features:


 


		1)	Gaming
                                         Platform Customizations



		2)	Pool
                                         Betting Functionality



		3)	New
                                         Custom Graphic Design



 




    14


     


    

 


Appendix
B


 


Fees Payable under the present Agreement


 


Gaming Platform Set-Up and Development
Fees


 


	NR	Type of payment	Price, Euro (€)
	1	Gaming Platform Set-Up and Customization Fee 

(Desktop Version)	
	2	Pool Betting Functionality Development	
	3	Graphic Design and Integration	 


 


Payment Scheme for Gaming Platform Support
and Maintenance


 


Minimum Fee — €


 


Maximum Fee - € 


 


Fees based on revenue:


 


 


 


 


 


 


 


 


 




    15


     


    

 


Appendix C


 


Hardware and Software requirements


 


Hardware Requirements


 


8 core 2GHz+CPU


32GB+ RAM


2x250+GB SAS hard drives


 


Software Requirements


 





- PHP v 5.4





- MySQL v.5.5
(preferable PERCONA database server 5.5-5.6)


 


- Redis
(cache layer)


- Mod Rewrite





- Ioncube
Loader for PHP 5.4.


- FTP, Cpanel, SSH-root (preferable)


 







    16


     


    

 


Appendix D


 


Support Services schedule


 


1. Definitions


 


Technical Support
— range of services providing assistance
with technical aspects of Gaming Platform: help the Licensee to solve specific problems with product or its IT environment.


 


Disaster Recovery —
process of restoring IT business continuity.


 


Critical Error —
error in the Gaming Platform threatening business continuity of Licensee.


 


2. Scope


 


Technical support
includes answering technical- and usage-related questions from Licensee, upgrades of Gaming Platform, maintenance operations and
fix of all reported and confirmed errors.


 


Disaster recovery
includes complex help for Licensee during process to recovery. This includes: re-installation of web, application and database
servers, data recovery and data consistency recovery.


 


3. Error
reporting


 


All issues should be reported
to the e-mail: support@bettings.ch with
detailed description of the issue. Critical Errors could be reported by Skype: ‘bettings.support’.


 


4. Working
times


 


Technical Support
in standard mode is operating Mon-Fri 8-16 CET excluding public holidays in Switzerland. Incidents and errors not blocking and
not interrupting normal service are dealt Mon-Fri from 8.00 to 16.00 CET (excluding public holidays). In case of critical level
errors reported by calling +41 44 5865621 action is taken within 30 minutes from report time, 24/7.


 


 


17