{"id":405684,"date":"2020-12-28T05:33:14","date_gmt":"2020-12-28T10:33:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=405684"},"modified":"2020-12-28T05:33:14","modified_gmt":"2020-12-28T10:33:14","slug":"500-com-limited-announces-management-change","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/500-com-limited-announces-management-change\/","title":{"rendered":"500.com Limited Announces Management Change"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n SHENZHEN, China<\/span>, Dec.\u00a028, 2020 \/PRNewswire\/ — 500.com Limited (NYSE: WBAI) (“500.com” or the “Company”), an online sports lottery service provider in China<\/span>, today announced that Mr. Zhaofu Tian has resigned as Chief Technology Officer of the Company\u00a0due to personal reasons, effective December 31<\/span>. The Company has no plan to appoint a successor at this point.<\/p>\n

\n About 500.com Limited<\/b>\n <\/p>\n

500.com Limited (NYSE: WBAI) is a leading online sports lottery service provider in China<\/span>. 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 online lottery services in China<\/span>, and is one of two entities that have been approved by the Ministry of Finance to provide online lottery sales services on behalf of the China Sports Lottery Administration Center, which is the government authority that is in charge of the issuance and sale of sports lottery products in China<\/span>.<\/p>\n

\n Safe Harbor Statements<\/b>\n <\/p>\n

This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “target,” “going forward,” “outlook” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.<\/p>\n

\n For more information, please contact:<\/b>\n <\/p>\n

\n 500.com Limited
<\/b>
\n ir@500wan.com<\/a>\n <\/p>\n

Ms. Danni Zheng<\/span>
Phone: +86 755 8633 8005<\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/500com-limited-announces-management-change-301198585.html<\/a><\/p>\n

SOURCE 500.com Limited<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire SHENZHEN, China, Dec.\u00a028, 2020 \/PRNewswire\/ — 500.com Limited (NYSE: WBAI) (“500.com” or the “Company”), an online sports lottery service provider in China, today announced that Mr. Zhaofu Tian has resigned as Chief Technology Officer of the Company\u00a0due to personal reasons, effective December 31. The Company has no plan to appoint a successor at this point. About 500.com Limited 500.com Limited (NYSE: WBAI) is a leading 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 online lottery services in China, and is one of two entities that have been approved by … <\/p>\n

Continue reading “500.com Limited Announces Management Change”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-405684","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\n500.com Limited Announces Management Change - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/500-com-limited-announces-management-change\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"500.com Limited Announces Management Change - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SHENZHEN, China, Dec.\u00a028, 2020 \/PRNewswire\/ — 500.com Limited (NYSE: WBAI) (“500.com” or the “Company”), an online sports lottery service provider in China, today announced that Mr. Zhaofu Tian has resigned as Chief Technology Officer of the Company\u00a0due to personal reasons, effective December 31. The Company has no plan to appoint a successor at this point. About 500.com Limited 500.com Limited (NYSE: WBAI) is a leading 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 online lottery services in China, and is one of two entities that have been approved by … Continue reading "500.com Limited Announces Management Change"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/500-com-limited-announces-management-change\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-28T10:33:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN33748&sd=2020-12-28\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/500-com-limited-announces-management-change\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/500-com-limited-announces-management-change\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"500.com Limited Announces Management Change\",\"datePublished\":\"2020-12-28T10:33:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/500-com-limited-announces-management-change\\\/\"},\"wordCount\":365,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/500-com-limited-announces-management-change\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=CN33748&sd=2020-12-28\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/500-com-limited-announces-management-change\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/500-com-limited-announces-management-change\\\/\",\"name\":\"500.com Limited Announces Management Change - 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