Germany’s JAXX has entered into an agreement to dispose of its lottery business to a group of investors for €12.5m, with the company looking to focus on its sports betting, casino and poker products through its myBet brand.
The company said Thursday that a provisional agreement had been signed between the management board of JAXX and the group of as yet unnamed investors.
The lottery operations, which comprise the companies JAXX GmbH (Hamburg), [...]