500.com Limited Announces Resumption of Operations in Sweden
500. COM LTD (WBAI)
US:NYSE Investor Relations:
500.investorroom.com
Company Research
Source: PR Newswire
SHENZHEN, China, Sept. 9, 2020 /PRNewswire/ -- 500.com Limited (NYSE: WBAI) ("500.com," "the Company," "we," "us," "our company," or "our"), an online sports lottery service provider in China, today announced the resumption of its operations in Sweden.The Multi Group ("TMG"), a Malta-based subsidiary of the Company, has resumed its operations in Sweden after having received a renewed e-Gaming license for two years for secondary lottery and casino from Sweden's e-Gaming regulatory authority. Revenue generated by TMG accounted for approximately 89.7% of the Company's total net revenues for the fiscal year ended December 31, 2019, of which approximately 61.3% was generated from Sweden.About 500.com Limited500.com Limited (NYSE: WBAI) is an online sports lottery service provider in China. The Company offers a comprehensive and integrated suite of online lottery services, information, user tools and virtual community venues to its users. 500.com was among the first companies to provide onl
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