Tag Archives: Bloomberg News

Verizon eyes potential betting vertical to build out entertainment dynamics

Bloomberg News has reported that US telecoms giant Verizon, is monitoring closely the potential opening of the US sports betting market, as the company seeks to diversify its assets. The Fortune500 mobile carrier is reported to have had a number of meetings with industry consultants, assessing the current US gambling landscape, for the potential launch of a ‘sports-centric’ online gambling …

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500.com comments on director’s sale of shares under ‘pseudonyms’

Chinese sports lottery operator 500.com limited issued a corporate statement on the sale of company shares by one of its Directors Qi Li under the ‘pseudonyms’ Lionel Rim and John Richard. The operator issued the statement to address concerns reported by investment research firm Muddy Waters, who tweeted on the validity of the share sales conducted by Qi Li. The Muddy …

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