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Tsinghua Unigroup Invests USD 124 Mln in Online Lottery Site 500.com

500.com, 6/09/15

Chinese online lottery site operator 500.com (NYSE: WBAI) has announced that it has entered into a definitive purchase agreement with Tsinghua Unigroup International, a subsidiary of Tsinghua Unigroup, for the issuance and sale of newly issued ordinary shares of 500.com. Read More

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

Sina Fully Acquires Online Lottery Site Aicai.com

Techweb, 6/19/14

Chinese internet company Sina (Nasdaq: SINA) has completed its acquisition of a 100% stake in Shenzhen Zhong Wang Cai Network Technology, operator of online lottery website Aicai.com. Read More

Rumor: Tencent in Talks to Acquire Lottery Company

China.com.cn, 6/04/14

According to a source at Chinese lottery service operator China LotSynergy Holdings Limited (1371.HK), Chinese internet firm Tencent (0700.HK) is currently engaged in negotiations with LotSynergy's principle shareholders, Chen Cheng and company chairman Liu Ting, regarding an acquisition of LotSynergy. 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

Dangdang Launches Online Lottery Service

Tencent Tech, 9/25/12

Chinese B2C e-commerce site Dangdang (NYSE: DANG) today launched on online lottery service. 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

G-Lot, SMG to Launch Lottery TV Channel

Sohu, 2/03/12

Shenzhen G-Lot Technology, a subsidiary of Hong Kong-based lottery software provider China Netcom Technology Holdings (8071.HK), recently signed an agreement with Shanghai Media Group's (SMG) lottery TV channel operator Jinse Pingdao Media to establish an interactive TV lottery joint venture. 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