500.com Ltd. (WBAI) Misses Q1 EPS Views; CEO Man San Law Resigns
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500.com Limited Announces Financial Results For the First Quarter of 2015 and Changes to the Board and Management
May 19, 2015 6:26 AM EDTSHENZHEN, China, May 19, 2015 /PRNewswire/ -- 500.com Limited (NYSE: WBAI) ("500.com" or the "Company"), a leading online sports lottery service provider in China, today reported its unaudited financial results for the first quarter of 2015.
Temporary Suspension of Online Lottery Sales
Since March 2015, all provincial sports lottery administration centers to which the Company provides sports lottery sales services have temporarily suspended accepting online purchase orders for lottery products, in response to the Notice related to Self-Inspection and Self-Remedy of Unauthorized Online Lottery Sales, or the... More
