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World Cup boosts 500.com’s China sports lottery sales

12th August 2014 8:07 am GMT

Chinese online lottery service provider 500.com has reported a 185.4 per cent year-on-year increase in net revenue for the second quarter of 2014, following a near 200 per cent rise in sales.

The company posted record sports lottery sales of RMB2,093.2m (US$337.4m) in the period, an increase of 199.1 per cent year-on-year and up 98.4 per cent on the previous quarter, following a strong performance during the FIFA World Cup.

Net revenue for the period amounted to [...]

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