The Daily News Service, the competitive edge you need. Insightful information about lotteries, vendors and the people who lead them -- Click Here

Home

Want to know more than the headlines
Sign-up Now!

Return to Index


The World-Wide Lottery Guide is brought to you with the compliments of


JAXX AG (Formerly FLUXX AG)
The Gaming Company
Address: JAXX AG Ostpreussenplatz 10 24161 Altenholz Germany
Internet: http://www.fluxx.com
E-mail Address: info@fluxx.com
Phone: +49 4 31-88104-0
Fax: +49 4 31-88104-40
Population: 82,422,299 (est. 2006)
Spokesman Board Member for Consumer Sales:
Board Member for Products & Services:
Board Member for Finance, Legal & Personnel:

Rainer Jacken

Mathias Dahms

Stefan Hänel
Year Lottery Founded: 1998
Sales FY 2005: €102.9m Euro
Number of Employees: 141 employees
Products Offered: JAXX, DSM Lottoservice GmbH, Interjockey Horsebet Ges. mbH, FLUXX Telewette GmbH
Beneficiaries: Shareholders (Listed since 28.09.1999 Deutsche Börse ISIN DE000A0JRU67).
Jurisdiction: Headquarters in Altenholz near Kiel Branches in Hamburg, Berlin, Austria, Malta and Spain


Background Information

Located in central Europe, Germany is made up of the North German Plain, the Central German Uplands (Mittelgebirge), and the Southern German Highlands. The Bavarian plateau in the southwest averages 1,600 ft (488 m) above sea level, but it reaches 9,721 ft (2,962 m) in the Zugspitze Mountains, the highest point in the country. Germany's major rivers are the Danube, the Elbe, the Oder, the Weser, and the Rhine. Germany is about the size of Montana.

FLUXX is Germany's leading specialist in the lucrative gaming market. Whether as a service provider for lottery companies and racecourses, as an expertise partner for major Internet players such as AOL, Lycos and freenet or as a supplier of its own lottery and betting platforms such as JAXX and Telewette, FLUXX is participating in the multi-billion gaming market in many different ways. The necessary rights and licences and the technical and market-relevant expertise place FLUXX in a position to be able to arrange any form of gaming and gambling, along a variety of sales channels, between the consumer and the state licence holders. In addition to self-marketed services, FLUXX makes its products and services available to other companies and organisations with extensive customer contacts. The shares of FLUXX AG have been traded on the Frankfurt Stock Exchange since September 1999. The operative functions of the subsidiaries JAXX, ANYBET and DSM are based in Hamburg-Ottensen. The management holding company with the Management Board and the employees of the Legal, Personnel, Finance and Business Development Departments have their base in Altenholz, near Kiel.

News 2010

JAXX AG Shareholders' Meeting approves conversion into European Company (Societas Europaea, SE)
ALTENHOLZ/KIEL, Germany (June 10, 2010) - The shareholders of the gaming specialist JAXX AG (ISIN DE000A0JRU67) approved the company's proposal for conversion into a European Company (Societas Europaea, SE) at today's Shareholders' Meeting in Kiel by a sizeable majority. In implementing this conversion........................Subscribers

Jan Fraedrich Takes Charge of Online Marketing at JAXX
ALTENHOLZ, Hamburg Germany (May 18, 2010) - Jan Fraedrich has taken charge of Online Marketing at the gaming provider JAXX with effect from May 1, 2010. In the newly created post of 'Online Marketing Director' the 43-year-old native of Hamburg will focus on the pan-European expansion of the JAXX Group's gaming platforms across all group brands......................Subscribers

JAXX Starts Year With Positive Result
JAXX AG / Quarter Results
ALTENHOLZ, Germany (May 6, 2010) - JAXX AG (Deutsche Börse, Prime Standard, ISIN DE000A0JRU67) has started the 2010 financial year with a positive figure for consolidated earnings before interest and taxes (EBIT). Although it was not possible to match the previous year's excellent tally of EUR 717 thousand, the gaming specialist nevertheless posted sound EBIT from continuing operations of EUR 547 thousand......................Subscribers

German Gaming Specialist JAXX Maintains Course of Growth
ALTENHOLZ, Germany (March 31, 2010) - The gaming specialist JAXX AG (Deutsche Börse Prime Standard; ISIN DE000A0JRU67) today publishes its 2009 Annual Report. The accounts show that the JAXX Group maintained its course of growth in the 2009 financial year. Despite its exit from the German lottery market and the difficult wider economic situation, it succeeded in increasing.......................Subscribers


News 2009

Nine-Month Report: Sports Betting Generates Continuing Growth At JAXX
JAXX AG / Quarter Results
ALTENHOLZ, Germany - (November 5, 2009) - Nine-month report:
Sports betting generates continuing growth at JAXX:......................Subscribers

Weak Bookmaking Business Impacts JAXX AG Q2 Results
ALTENHOLZ, Germany (August 13, 2009) - Gaming specialist JAXX AG (ISIN DE000A0JRU67) published its half-year financial report today. In addition to economic factors, seasonal factors in particular had a negative impact on the sports betting business....................Subscribers

JAXX AG Shareholders' Meeting Elects New Supervisory Board
ALTENHOLZ / KIEL, Germany (May 14, 2009) - The shareholders of the gaming specialist JAXX AG (ISIN DE000A0JRU67) elected the candidates proposed by the company to the Supervisory Board at today's Shareholders' Meeting in Kiel................Subscribers

Gaming Company JAXX Achieves Comfortably Positive EBIT In First Quarter
ALTENHOLZ, Germany (May 6, 2009) - JAXX AG today publishes its Interim Report on the group's performance in the first quarter of 2009....................Subscribers

European Gaming Specialist JAXX Starts 2009 with Cautious Optimism
ALTENHOLZ, Germany (March 31, 2009) - JAXX AG (ISIN DE000A0JRU67) publishes its 2008 Annual Report today...............Subscribers

Changes on the Supervisory Board and Management Board of JAXX AG
ALTENHOLZ, Germany (March 24, 2009) -- Goetz Graf von Hardenberg will be surrendering office as Chairman of the Supervisory Board of JAXX AG with effect from April 6, 2009. The Management Board of JAXX AG today submitted an application to the Local Court of Kiel pursuant to Section 104 of German Stock Corporation Law for the size of the Supervisory Board to be restored.............Subscribers

JAXX AG Consolidated Result Reflects Impact of High Special Depreciation and Impairment
ALTENHOLZ, Germany (March 24, 2009) -- Due to high special depreciation and impairment of around EUR 15 million, which is attributable to the effects of the State Treaty on gaming, JAXX AG posts an IFRS consolidated loss of EUR 16.9 million for the past financial year of 2008..................Subscribers

News 2008

Two Billion Euros for JAXX's Birthday
ALTENHOLZ / MADRID (December 15, 2008) – Next Monday, on December 22, 2008, the champagne corks will already be popping in various parts of Europe, more than a week before the New Year festivities................Subscribers

JAXX AG Defies German Lottery Market With 81 Percent Growth
ALTENHOLZ, Germany (November 6, 2008) -- The gaming specialist JAXX AG (formerly FLUXX AG; ISIN DE000A0JRU67) has today published its report on the first nine months of the 2008 financial year.................Subscribers

JAXX Subsidiary DigiDis Steps Up Pace Of Growth In Spain
ALTENHOLZ / MADRID (October 29, 2008) – The Spanish lottery services provider DigiDis, in which JAXX AG holds a 70 percent stake, is benefiting more than previously expected from the spread of online lottery in Spain. New partnerships and sales channels are proving to be a source of dynamic, profitable growth for the JAXX subsidiary..................Subscribers

JAXX AG: Convertible Bond Fully Placed
ALTENHOLZ, Germany (September 26, 2008) – The gaming specialist JAXX AG (ISIN DE000A0JRU67) has succeeded in placing its 6.66% convertible bond, due in 2013, on the capital market. A total of 161,830 debentures, which can each be converted into 10 JAXX shares, were issued at a unit price of EUR 26.00.................Subscribers

German Lottery Operator Issues Convertible Bond For Up To EUR 4.2 Million
ALTENHOLZ, Germany (September 4, 2008) -- The Management Board of JAXX AG, Altenholz, has with the approval of the Supervisory Board decided to issue a convertible bond. The 2008/2013 convertible bond will be.................Subscribers

Victory in Federal Supreme Court: JAXX AG Prepares Multi-Million Compensation Claim Against Lottery Cartel
ALTENHOLZ, Germany (August 14, 2008) -- The Federal Supreme Court (BGH) has paved the way for substantial compensation claims against the German lottery cartel in today's decision.........Subscribers

Supreme Court Rules Against State Lotteries, Cites EC Concerns Over State Treaty
KARLSRUHE, Germany (August 14, 2008) -- German state lottery operators cannot continue to block games offered by commercial betting firms because doing so breaks competition rules, one of the country's top courts ruled on Thursday...................Subscribers

JAXX AG Profits From Rising Demand For Sports And Horse Betting
GERMANY (August 7, 2008) -- The gaming specialist JAXX AG (formerly FLUXX AG; ISIN DE000A0JRU67) today has published its report on the first half of 2008..........Subscribers

New UK Boss for German Online Lotteries/Gaming Operator
UNITED KINGDOM (July 28, 2008) -- German online casino operator Fluxx AG has announced that Sean Keogh has replaced Mark Irvine as Managing Director for the firm’s British operation, Jaxx UK Limited.....................Subscribers

EM Boosts Betting Business for JAXX AG
ALTENHOLZ, Germany (July 11, 2008) -- The European Championship in football and the Hamburg Derby Week, Germany's largest flat racing event, have broken all the records at JAXX AG (formerly FLUXX AG....................Subscribers

JAXX AG Sailing Under New Colours
ALTENHOLZ, Germany (July 1, 2008) -- It is now official: the change of name from FLUXX AG to JAXX AG has been entered on the Commercial Register. As from today...................Subscribers

FLUXX AG becomes JAXX AG
ALTENHOLZ, Germany (May 21, 2008) -- At today's Shareholders' Meeting in Kiel the shareholders of the gaming specialist FLUXX AG voted by a clear majority in favour of the change in the company's name to "JAXX AG".............Subscribers

FLUXX Doubles Quarterly Revenue
ALTENHOLZ, Germany (May 15, 2008) -- The gaming specialist FLUXX AG succeeded in improving both its revenue and earnings in the first quarter of 2008.............Subscribers

FLUXX Aiming For Return To Profitability In 2008
ALTENHOLZ, Germany (March 27, 2008) -- The gaming specialist FLUXX AG (ISIN DE000A0JRU67) today presented its accounts for 2007. According to the figures released today, the revenues of the FLUXX Group in 2006 showed a .............Subscribers

JAXX Rides to the Rescue of Bet and Game Customers
The UK customers of the online gaming company betandgame.com are being transferred to JAXX UK Ltd in a deal that includes all current deposits and outstanding bets on more than 17,000 individual accounts..............Subscribers

FLUXX Perceives Tide Turning In Gaming Market; EU Commission Gives Germany The Count
-- Commission initiates first stage of infringement proceedings against Germany
-- FLUXX welcomes Commission's action and calls for change to German gaming policy
ALTENHOLZ, Germany (January 31, 2008) -- FLUXX welcomes Commission's action and calls for change to German gaming policy The EU Commission today announced that it was initiating legal proceedings against the Federal Republic of Germany....................Subscribers

FLUXX AG Acquires Majority in SPORTWETTEN.DE AG
ALTENHOLZ, Germany (January 16, 2008) -- The gaming specialist FLUXX AG (ISIN DE000A0JRU67) has successfully clinched the voluntary takeover bid to the share-holders of SPORTWETTEN.DE AG (ISIN DE0005488514 und ISIN DE000A0EPT67), one of the biggest agents for horse betting in Germany. After the extended deadline for acceptance FLUXX AG now holds 59.6 percent of the shares in SPORTWETTEN.DE AG. FLUXX does not exclude the possibility that it will increase its interest yet further independently of the takeover bid...................Subscribers

Lottery News 2007

Betting Companies to Take Legal Action Against German State Monopoly on Gambling
FRANKFURT, Germany  (December 31, 2007) -- Online betting companies including BWIN Interactive Entertainment AG and Fluxx AG are gearing up to file a legal complaint against Germany's state monopoly on lotteries and most forms of betting...........Subscribers

Germany to Ban Online Gambling January 1 Under Accord by States
BLOOMBERG (December 27, 2007) -- Online gambling will be banned in Germany as of Jan. 1 after German states ratified an accord that preserves the country's state monopoly for lotteries and most forms of betting.............Subscribers

Countdown to the "Fat One": Spain Produces the Next Jackpot for FLUXX
GERMANY (December 20, 2007) -- With the German record-breaking jackpot for the 6 from 49 lottery still fresh in everyone's minds – having brought FLUXX record sales and record ticket totals – the next "safe bet" for sales is already looming large on the horizon for the Kiel-based gaming specialist: the Spanish Christmas lottery.................Read the full story at: Vol.41 No.13

FLUXX Announces New Cooperation in UK
GERMANY (December 13, 2007) -- Online bookmaker JAXX UK, a 100 per cent subsidiary of FLUXX AG, has boosted its presence in the UK market with a deal to become LYCOS UK’s exclusive betting and gaming partner.......................Read the full story at: Vol.41 No.12

German Online Gaming Company Saved From Losses
GERMANY (December 5, 2007) -- Fluxx, the German online gaming company, looks set to benefit from a record jackpot of €43m euros by seeing turnover increase almost tenfold.............Subscribers

Record Jackpot Helps FLUXX Set New Sales Record
ALTENHOLZ, Germany (December 4, 2007) -- The highest lottery jackpot ever known in Germany is bringing FLUXX AG record-breaking sales...................Subscribers

FLUXX Out of the Starting Blocks in UK
ALTENHOLZ, Germany (November 9, 2007) -- The FLUXX subsidiary JAXX UK Ltd. today officially launches its sports betting service in the United Kingdom..............Subscribers

FLUXX AG Continues to Enjoy Strong Revenue Growth of 42% in Q3
ALTENHOLZ, Germany (November 8, 2007) -- The gaming specialist FLUXX AG posted revenue of ................Subscribers

Publication of the Decision to Make a Takeover Offer
ALTENHOLZ, Germany (October 16, 2007) -- Publication of the decision to make a takeover offer in accordance with..............Subscribers

FLUXX AG Planning Takeover of SPORTWETTEN.DE AG
ALTENHOLZ, Germany (October 16, 2007) -- The gaming specialist FLUXX AG (Prime Standard; ISIN DE000A0JRU67) has today published its decision to submit a takeover bid to the shareholders..................Subscribers

FLUXX AG Successfully Places Convertible Bond
ALTENHOLZ, Germany (October 11, 2007) -- FLUXX AG has succeeded in placing its 2007/2011 convertible bond in full on the capital market.............Subscribers

FLUXX AG Issues Convertible Bond for Up to €9.755 Million
ALTENHOLZ, Germany (September 20, 2007) -- The Management Board of FLUXX AG, Altenholz, has with the approval of the Supervisory Board decided to issue a convertible bond...............Subscribers

German Gaming Company Begins Price War with National Lottery Operators
ALTENHOLZ, Germany (August 13, 2007) -- Fluxx is beginning its price war with the national lottery operators with the launch...............Subscribers

FLUXX Steps Up Independence From German Market
ALTENHOLZ, Germany (August 9, 2007) -- FLUXX AG today publishes its report on the first half of 2007................Subscribers

FLUXX Brings Sports Betting to AOL’s UK Portal
ALTENHOLZ, Deutschland (July 26, 2007) -- Extensive range of sports and horse betting products to launch in August 2007 AOL, one of the largest internet and web services companies in the UK, has agreed to an exclusive partnership with FLUXX.................Subscribers

FLUXX AG Turns Attention Towards Europe
ALTENHOLZ, Germany (July 10, 2007) -- The Prime Minister of Schleswig-Holstein was today authorised by his cabinet to approve the ratification process of the controversial draft of the State Treaty on gaming...............Subscribers

Federal Supreme Court Declares Lottery Organisation to be Anti Competitive
ALTENHOLZ, Germany (June 22, 2006) -- In the ruling of May 8, 2007, which has only been served today, the Federal Supreme Court reasserts the verdict of.................Subscribers

Higher Regional Court of Düsseldorf Confirms Competition Authority Ruling Against Lottery Organisation
ALTENHOLZ, Germany (June 8, 2007) -- The Superior Cartel Senate of the Higher Regional Court of Düsseldorf today rejected the lottery companies' appeal against the Federal Competition Authority's ruling in every respect in connection with.............Subscribers

EU Commission Steps Up Criticism Of German State Treaty On Gaming
ALTENHOLZ, Germany (May 31, 2007) -- In a second statement of position the European Commission has strongly criticised all key aspects of the draft State Treaty on gaming proposed by the Federal German states................Subscribers

Fluxx Offers to Buy Lottery Company Lotto Rheinland-Pfalz
ALTENHOLZ, Germany (May 25, 2007) -- FLUXX intends to acquire a majority interest in Lotto Rheinland-Pfalz GmbH............Read the full story at: Vol.39 No.10

FLUXX and SCHLECKER start Lottery Service at 11,000 Branches
ALTENHOLZ, Germany (May 10, 2007) -- FLUXX and the cut-price drugstore SCHLECKER today signed an agreement on the installation of Lottery Service terminals in almost all SCHLECKER stores in Germany.............Subscribers

FLUXX Achieves EBITDA for Quarter of EUR 1.7 million
ALTENHOLZ, Germany (may 8, 2007) -- FLUXX AG posted earnings before interest, taxes, depreciation and amortisation of EUR 1.7 million for the first quarter of 2007...............Subscribers

FLUXX Aiming to Break Even in 2007
ALTENHOLZ, Germany (March 29, 2007) -- FLUXX AG presented its final accounts for 2006 at today's Annual Press Conference in Hamburg............Subscribers

EU Commission Expresses Strong Reservations About State Treaty On Gaming
ALTENHOLZ, Germany (March 23, 2007) -- In the course of the notification process the EU Commission has expressed strong reservations about the lawfulness of the planned State Treaty on gaming. In particular, it deems the............Subscribers

FLUXX AG Extends Partnership with SCHLECKER
ALTENHOLZ, Germany (March 7, 2007) -- FLUXX AG is extending the partnership with the discount drugstore SCHLECKER that has previously focused on the internet..............Read the Full Story at: Vol.38 No.11

FLUXX CEO Comments on ECJ Ruling: "State Treaty on Gaming Can be Shelved"
ALTENHOLZ, Germany (March 6, 2007) -- The Grand Chamber of the European Court of Justice (ECJ) in Luxembourg today announced its ruling in the Placanica case.............Subscribers

FLUXX AG Boosts Revenue by 132% in 2006
ALTENHOLZ, Germany (March 2, 2007) -- FLUXX AG increased its revenue for 2006 by 132 percent to............Subscribers

FLUXX subsidiary JAXX UK Ltd. Granted British Sports Betting Licence
ALTENHOLZ / LONDON (February 6, 2007) -- The London-based JAXX UK Ltd., a subsidiary of FLUXX AG established at the end of 2006, has been successful with its application for a bookmaking licence for arranging sports betting in Great Britain..........Subscribers

Up


 
This site is optimized for Explorer 4.0 & above and a monitor resolution of 1280 x 1024.
Please adjust your screen accordingly.
Interplay Multimedia Pty. Ltd.disclaims all liability for information provided within Lottery Insider.
Data supplied by named sources.
Associated Press content is Copyrighted by The Associated Press.
All other news articles are owned by their respective publishers.