Edition:
India

500.Com Ltd (WBAI.N)

WBAI.N on New York Stock Exchange

2.79USD
1:15am IST
Change (% chg)

$0.09 (+3.33%)
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$2.70
Open
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$2.79
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$2.69
Volume
10,515
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$10.00
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Latest Key Developments (Source: Significant Developments)

500.Com Limited's Q3 Revenue Fell 37.8% To RMB 6.1 Mln
Saturday, 21 Nov 2020 

Nov 20 (Reuters) - 500.Com Ltd ::500.COM LIMITED ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2020.Q3 REVENUE FELL 37.8 PERCENT TO RMB 6.1 MILLION.REVENUE FOR FISCAL YEAR OF 2020 ARE EXPECTED TO BE, MATERIALLY AND ADVERSELY IMPACTED BY TEMPORARY SUSPENSION OF TMG'S OPERATIONS IN SWEDEN.INTENDS TO MEET FILING DEADLINE OF SIX MONTHS FROM FILING DUE DATE OF 2019 ANNUAL REPORT, OR DECEMBER 31, 2020.QTRLY BASIC AND DILUTED LOSSES PER ADS WERE RMB1.02 (US$0.15).QTRLY NON-GAAP BASIC AND DILUTED LOSSES PER ADS WERE RMB0.73 (US$0.11).500.COM-DOES NOT EXPECT TO ISSUE EARNINGS FORECAST UNTIL CO GETS INSTRUCTIONS AS TO RESUMPTION DATE OF ONLINE SPORTS LOTTERY SALES FROM FINANCE MINISTRY.  Full Article

500.Com Ltd Announces Unaudited Financial Results For Q2
Saturday, 29 Aug 2020 

Aug 28 (Reuters) - 500.Com Ltd ::500.COM LIMITED ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2020.Q2 REVENUE FELL 62.9 PERCENT TO RMB 3.6 MILLION.DECIDED TO VOLUNTARILY SUSPEND ALL ONLINE LOTTERY SALES SERVICES IN CHINA.KWM HAS COMPLETED CERTAIN INVESTIGATORY WORK AND INTERNAL INVESTIGATION IS STILL IN PROGRESS.QTRLY LOSS PER ADS RMB2.01 (US$0.28).QTRLY NON-GAAP LOSS PER ADS RMB0.79 (US$0.11).QTRLY NET LOSS PER ADS OF RMB 2.01.  Full Article

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