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IQ-Ludorum removes founder from board

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No reason was given for the action taken against Gurcharan Singh.

Last month was chairman Nicholas Wills to resign from the company, which is seeking extra funding to meet its ongoing expenses.

The company appointed three new nonexecutive directors with extensive experience in financial, marketing and business development.

IQL provides sportsbook software to many Caribbean operations, including BetonSports and BetWWTS.