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Gambling: Jens Schumann Resigns

Jens Schumann, joint founder and chairman of German online lottery operator Tipp24 AG is to leave the company for personal reasons at the end of September 2009, the company announced this week.
 
Schumann's departure is an amicable one according to both parties, and he will continue to provide consulting services to the company as required. He will be succeeded by Hans Cornehl, who has served on the executive board of the company for over seven years.
 
“Since the foundation of Tipp24 as a classic Internet start-up ten years ago, my colleagues and I have led the company through highs and lows prior to our admission to the SDAX index,” said Schumann.

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“Despite the legal uncertainties of the past few years, Tipp24 is now well equipped for the future as demonstrated, for example, by the positive development of our business in the first half of 2009. I have achieved my personal targets for Tipp24. However, I will continue to be available for advice and will remain in close contact not least in my capacity as a major shareholder.”
 
According to Tipp24 sources, Schumann has devoted much of his time over the past three years to lobbying and dealing with legal disputes in connection with the new State Treaty On Gaming in Germany (see previous InfoPowa reports). These responsibilities have been taken over by Magnus Von Zitzewitz.
 
“Since the foundation of Tipp24 in September of 1999, Jens Schumann has successfully led and shaped the company,” said Klaus Jaenecke, chairman for Tipp24’s Supervisory Board. “We wish him all the best in his private life and as much success with his future business ventures as he enjoyed with Tipp24.”



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MPN Poker Tour Bratislava Day 1B - Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today

MPN Poker Tour Bratislava Day 1A - The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.

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