I realized that the program is trying to launch, but crashing before I get a screen to pop up. Here's what happens.
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Notice the black rectangle in the top left, that's EQ launching. I am not sure if the answer lies in the text in the terminal. I ran the script codes from there as the .sh file was not launching anything, instead it was just opening in gedit.
Is it an issue of not having eqgame.exe changed to eqgame.exe patchme?