Tag Archives: New York Exchange

500.com share price set to tumble as China suspends lottery sales

SBC News 500.com share price set to tumble as China suspends lottery sales

The Easter holiday break has provided further bad news for embattled New York listed Chinese sports lottery operator 500.com, as Chinese authorities made a new announcement regarding the sale of online lottery services/products. A joint public communication led by China’s Ministry of Finance and eight other governmental bodies stated that all lottery sales serviced through online verticals or through third …

Read More »