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500.com enjoys first contributions from Multilotto.com in Q3

15th November 2017 7:50 am GMT

New York-listed gaming operator 500.com has posted net revenue of RMB43.2m (€5.5m) for the third quarter of 2017, benefiting from the first contributions from its newly acquired Multilotto.com business.

Having seen its business decimated by the suspension of online lottery sales in China in March 2015, 500.com has diversified its revenue stream with the launch of a sports information and mobile gaming business during Q4 of last year, as well as the acquisitions of Loto Interactive [...]

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