Changes Afoot
The upper level management at all of the online casino gambling groups seems to
be in a state of flux these days – this time though, as the Chairman of Jaxx AG
steps down from his position here is no scandal following. The internet gambling
industry is seeming full of scandal in recent months from the dispute at
CryptoLogic to the ongoing issues that are slowly destroying Casino Affiliate
Program. Jaxx AG is a German online casino gambling group that has really popped
onto the scene in recent years. According to the new information released from
Jaxx, the Chairman of the Supervisory Board, Goetz Graf von Hardenberg, has
stepped down from his position as of April 6, 2009. A new appointment has
already been suggested and a vote is in the works.
The online casino gambling industry is really in a pivotal phase right now –
there are major developments seemingly every day and the slowing global economy
is breathing down the backs of the internet gambling companies, urging them to
maintain high profits despite the state of the economy. Graf von Hardenberg has
been a part of the Jaxx team for more than a decade and has played a pivotal
role in shaping the direction and new markets that Jaxx has entered in recent
years. Because the Supervisory Board must maintain a status quo, the board has
already put forth a new name to take Graf von Hardenberg position. The
shareholders will consider the appointment of Rainer Jacken at the next
shareholder meeting.
It is proposed that Jacken has the skills to continue leading the land and
online casino gambling group into a stronger position in the European gambling
industry. The company is already solid in the German lottery market and new
efforts are focused most pointedly on transitioning into the larger and more
lucrative European gaming market. |