500.com Ltd. (WBAI) Reports Q4 Loss of $0.80

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Go back to 500.com Ltd. (WBAI) Reports Q4 Loss of $0.80

500.com Limited Announces Unaudited Financial Results For the Fourth Quarter and Full Year ended December 31, 2018

February 20, 2019 4:01 PM EST

SHENZHEN, China, Feb. 20, 2019 /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 fourth quarter and full year ended December 31, 2018.

Physical Sales Channels of Sports Lottery Tickets

On March 6, 2018, the Company entered into a framework agreement with the China Sports Lottery Administration Center ("CSLA"), under which, both parties plan to cooperate to develop physical channels to sell sports lottery tickets.

As of... More