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Rumor: Chinese Online Lottery Sales to Restart, Government to Release New Rules
CN Stock, 4/02/15
After a thorough inspection of online lottery sales, China's lottery websites have recently begun preparations to restart sales. Read More
Rumor: Online Lottery Operator E-Sun Sky to List in US
China Business News, 8/13/13
According to an industry insider, Shenzhen E-Sun Sky Network Co., Ltd, operator of online lottery sites 500wan.com and 500.com, will soon list on a US stock exchange, with investment banks Deutsche Bank and Stifel Nicolaus acting as the lead underwriters in the potential USD 150 mln deal. Read More
Online Lottery Sites Suspend Operations Due to New Rules
Enorth, 3/01/12
Chinese e-commerce platform Taobao and internet giant Tencent's (0700.HK) lottery websites announced the suspension of sports-related lottery ticket sales yesterday. Read More
Ministry of Finance Issues Draft Lottery Regulations
Guangzhou Daily, 8/30/10
On August 16, China's Ministry of Finance released and solicited feedback on its Provisional Regulations Regarding Telephone-based Sales of Lottery Tickets and Provisional Regulations Regarding Online Sales of Lottery Tickets. Read More
Chinese Regulators Call for Halt to Online Lottery Sales
Chengdu Business Daily, 8/25/10
The General Administration of Sport of China (GASC) and the China Welfare Lottery Distribution Administration Center have issued separate emergency notices declaring the immediate halt of online lottery ticket sales and other digital-based lottery business. Read More
China Bans Online Lottery Sales
XinhuaNews, 1/02/08
China's Ministry of Finance, Ministry of Civil Affairs, and General Administration of Sport co-released a notice today banning lottery sales agents from selling lottery tickets via the internet. Read More
Authorities Crack Down on Online Lottery Sales
China News, 11/08/07
In a joint announcement, the Ministry of Finance (MOF), the Ministry of Public Security (MPS), the Ministry of Civil Affairs (MOCA), the Ministry of Information Industry (MII) and the General Administration of Sport (GAS) have indicated they will crack down on the illegal sale of lottery tickets on the Internet in order to preserve order and stability in the lottery ticket market. Read More
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