Morning Brief: Deutschland Dealer

Following on from yesterday's convertible bond issue, when asked whether proceeds from the issue would be used to finance future acquisitions, Stefan Zenker, head of public and investor relations for Jaxx A.G., told IGamingNews:

"We have not outlined any specific targets yet, but yes, acquisitions may be an option for JAXX’s future growth. For the time being, we are focusing on the regions of southern and eastern Europe and of course UK, where we have established our fully owned subsidiary JAXX UK Ltd."

The Gibraltar Chronicle is reporting PartyGaming is set to cut an undisclosed number of staff at its Gibraltar headquarters. John Shepherd, the company's communications director, told the paper the redundancies were the result of changes in the gaming market. Stay tuned for further developments.

The first in a series of Insights features covering what the United States I-gaming industry would look like under the McCain and Obama administrations was posted this morning. You can read it here.