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India

500.Com Ltd (WBAI.N)

WBAI.N on New York Stock Exchange

6.48USD
20 Feb 2020
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Latest Key Developments (Source: Significant Developments)

Loto Interactive Says 500.Com In Prelim Talks For Possible Sale Of Part Of Its Stake In Co
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Loto Interactive Ltd <8198.HK>::INFORMED THAT 500.COM ENGAGED IN PRELIM DISCUSSIONS WITH INDEPENDENT THIRD PARTY FOR POSSIBLE SALE OF PART OF ITS SHAREHOLDING IN CO.POTENTIAL DEAL BETWEEN 500.COM & THIRD PARTY, IF MATERIALIZED, TO NOT RESULT IN MANDATORY GENERAL OFFER TO ALL SHAREHOLDERS OF CO.  Full Article

500.Com Says Huixuan Wang Appointed Chairman Of The Board
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - 500.Com Ltd ::500.COM LIMITED ANNOUNCES CHANGE OF BOARD COMPOSITION.SAYS HUIXUAN WANG APPOINTED CHAIRMAN OF THE BOARD.YONGHONG ZHANG, A DIRECTOR AND CHAIRMAN OF BOARD, STEPPED DOWN.  Full Article

500.Com Posts Q2 Adj. Losses Per ADS Rmb 0.80
Friday, 27 Jul 2018 

July 27 (Reuters) - 500.Com Ltd ::500.COM LIMITED ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER AND SIX MONTHS ENDED JUNE 30, 2018.Q2 REVENUE RMB 30.4 MILLION VERSUS RMB 4.6 MILLION.QTRLY NON-GAAP BASIC AND DILUTED LOSSES PER ADS WERE RMB0.80.QTRLY BASIC AND DILUTED LOSSES PER ADS FROM CONTINUING OPERATIONS WERE RMB1.27.500.COM -TO NOT MAKE EARNINGS FORECAST UNTIL IT RECEIVES CLEAR INSTRUCTION ON RESUMPTION DATE OF ONLINE SPORTS LOTTERY SALES FROM MINISTRY OF FINANCE.  Full Article

500.Com Says COO Lei Zheng has resigned
Friday, 1 Jun 2018 

June 1 (Reuters) - 500.Com Ltd ::500.COM LIMITED ANNOUNCES MANAGEMENT CHANGE.  Full Article

500.Com Entered Into Cooperation Agreement With Hunan Provincial Sports Bureau Sports Lottery Administration Center
Friday, 18 May 2018 

May 18 (Reuters) - 500.Com Ltd ::500.COM ENTERED INTO COOPERATION AGREEMENT WITH THE HUNAN PROVINCIAL SPORTS BUREAU SPORTS LOTTERY ADMINISTRATION CENTER TO DEVELOP PHYSICAL SALES CHANNELS.500.COM LTD - OPERATION PERIOD IS THREE YEARS STARTING FROM DATE OF AGREEMENT.  Full Article

500.Com Entered Into Cooperation Agreement With The Tianjin Municipality Sports Lottery Administration Center
Thursday, 17 May 2018 

May 17 (Reuters) - 500.Com Ltd ::500.COM ENTERED INTO COOPERATION AGREEMENT WITH THE TIANJIN MUNICIPALITY SPORTS LOTTERY ADMINISTRATION CENTER TO DEVELOP PHYSICAL SALES CHANNELS.500.COM LTD - TIANJIN SPORTS LOTTERY CENTER SHALL SUPPORT CO TO ASSIST IN DEVELOPING PHYSICAL SALES CHANNELS IN TIANJIN.  Full Article

500.Com Q1 Losses Per Ads Were RMB1.73 (US$0.33)
Friday, 11 May 2018 

May 10 (Reuters) - 500.Com Ltd ::500.COM LIMITED ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2018.Q1 REVENUE RMB 38.4 MILLION VERSUS RMB 3.5 MILLION.QTRLY BASIC AND DILUTED LOSSES PER ADS WERE RMB1.73 (US$0.33).QTRLY NON-GAAP BASIC AND DILUTED LOSSES PER ADS WERE RMB1.20 (US$0.15).  Full Article

500.Com Limited Announces Qtrly Diluted Losses Per Ads Were Rmb3.18
Tuesday, 27 Mar 2018 

March 27 (Reuters) - 500.Com Ltd ::500.COM LIMITED ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE FOURTH QUARTER AND FULL YEAR OF 2017.Q4 REVENUE RMB 48.1 MILLION VERSUS RMB 7.5 MILLION.CO DID NOT GENERATE REVENUE FROM SPORTS LOTTERY SALES IN Q4 AND FULL YEAR OF 2017​.QTRLY DILUTED LOSSES PER ADS WERE RMB3.18.QTRLY NON-GAAP DILUTED LOSSES PER ADS RMB2.62.500.COM - TEMPORARILY SUSPENSION OF ACCEPTING ONLINE LOTTERY ORDERS/ TEMPORARY SUSPENSION, CO DID NOT GENERATE REVENUE FROM SPORTS LOTTERY SALES IN Q4, FY."WILL NOT MAKE EARNINGS FORECAST UNTIL IT RECEIVES INSTRUCTION ON RESUMPTION DATE OF ONLINE SPORTS LOTTERY SALES FROM MINISTRY OF FINANCE​".‍VOLUNTARILY & TEMPORARILY SUSPENDED ONLINE LOTTERY SALES OPERATIONS IN RESPONSE TO PROMULGATION OF SELF-INSPECTION NOTICE​.‍TEMPORARY AND VOLUNTARY SUSPENSION MATERIALLY AND ADVERSELY IMPACTED FINANCIAL RESULTS FOR Q4 & FY OF 2017​.  Full Article

Factbox: Tsinghua-backed 500.com identified by media as involved in Japan casino bribery case

China's 500.com Ltd , an online gambling firm, was identified by media as the company accused by Tokyo prosecutors of bribing Japanese lawmakers in the hope of building a casino in Japan.