No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
500.com operating profit takes a 44 percent hit
Thursday February 12,2015 : OPERATING PROFIT DROPS AT MAJOR ONLINE CHINESE LOTTERY FIRM
500.com operating profit takes a 44 percent hit as competition in the Chinese market intensifies.
The Chinese online sports lottery operator 500.com has warned that ticket sales may decline by as much as 3.3 percent this quarter after posting a 44 percent y-o-y decline in operating profits and noting that costs have doubled.
The Shenzhen-based company's stock pitched sharply down 6.1 percent to $18.01 following the warning, made necessary by falling numbers in a heavily competitive market.
The Bloomberg business news agency reports that competition is increasing among China’s online lottery sites as bigger Internet companies from Tencent Holdings Ltd. to web portal operators NetEase Inc. and Sina Corp. seek to expand their market share.
500.com’s fourth-quarter operating income plunged from the previous year as expenses more than doubled. The company said lottery purchase amounts may decline as much as 3.3 percent in January-March from the fourth quarter.
Independent market analysts say that 500.com's sales are not growing as fast as the market, and that the company has lost market share to competitors like Alibaba’s lottery site, while NetEase is getting more aggressive.
Management at 500.com said in a statement that total lottery purchases may be between 1.7 billion yuan ($272 million) and 1.8 billion yuan this quarter, which would represent a 3.3 percent decline to a 2.4 percent increase sequentially.
While active users increased 10 percent to almost 1 million last quarter, the figure compared with a 19 percent increase in China’s lottery ticket sales in December.
Market consolidation is also said to be gathering pace, with Tencent, China’s second-biggest Internet company, revealing in October that it was seeking to buy 7.5 percent of lottery technology provider China LotSynergy Holdings Ltd. for about $50 million
Bloomberg reports that a unit of Huiyin Household Appliances Holdings Co Ltd. in July signed a three-year deal to sell sports lottery tickets in Jiangsu province.
Gambling News :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.