• Language:

All Informations and News

Fluxx AG: Confirmation in court: lottery in Bavarian supermarkets permitted

FLUXX AG / Legal Matter



Corporate news transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
----------------------------------------------------------------------

Confirmation in court: lottery in Bavarian supermarkets permitted

- Munich Administrative Court confirms lawfulness of supermarket-based
lottery agencies in Bavaria

Altenholz, December 12, 2006 – The commercial lottery agent JAXX today
succeeded with its action against the Free State of Bavaria before the
Munich Administrative Court. JAXX GmbH, a subsidiary of FLUXX AG and
operator of the JAXX Lottery Service, had applied to the Free State of
Bavaria for clearance to install lottery ticketing terminals in
supermarkets and filling stations together with its venture partners. The
Ministry of the Interior refused to grant this clearance, basing its
decision on Bavarian lotteries law. Munich's administrative judges took a
different view: they concluded that the State Treaty on lotteries and the
regionalisation agreement between the federal states provided a watertight
legal basis for over-the-counter sales of lottery products.
 
Yet another court has now confirmed the lawfulness of lottery agency
business at supermarkets and filling stations. 'We are of course pleased
but not especially surprised by the verdict,' remarked Stefan Hänel,
Management Board member for Finance, Legal and Personnel at FLUXX AG. 'Our
activities as an agent have a sound legal basis and have already received
endorsement in the form of various appraisals, the Federal Competition
Authority and rulings by other judges. It was the Bavarian lottery
company's obstructive stance and attempts to intimidate our partners that
forced us yet again to resort to legal means.'

FLUXX AG
Stefan Zenker
tel. +49 40 85 37 88 47
mailto: stefan.zenker@fluxx.com


DGAP 12.12.2006 
----------------------------------------------------------------------
 
Language:     English
Issuer:       FLUXX AG
              Ostpreußenplatz 10
              24161 Altenholz Deutschland
Phone:        +49 (0)431 88 104-0
Fax:          +49 (0)431 88 104-40
E-mail:       info@fluxx.com
WWW:          www.fluxx.com
ISIN:         DE000A0JRU67
WKN:          A0JRU6
Indices:      
Listed:       Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin-Bremen, Düsseldorf, Hamburg, München, Stuttgart
 
End of News                                     DGAP News-Service
 
---------------------------------------------------------------------------