By Michael Han, Guest Contributor A 41% rip in the stock price of 500.com Limited ADS (NYSE:WBAI) in two days, since announcing what can only be described as a lousy quarter that missed consensus and even worse guidance (zero revenue as long as […]
GeoInvesting has spent the last couple of weeks trying to determine what the status of operations at Chinese online lottery service provider 500.com (WBAI) is. Conflicting reports have led us to examine theories that the company could be operating normally […]
500.com Limited (WBAI) issued a press release this morning announcing that the company was informed on February 28th that “the remaining provincial sports lottery administration centers to which the Company provides sport lottery sales services” plan on temporarily suspending online purchasing […]