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500.COM IN MAJOR CHINESE MOBILE DEAL
Thursday August 7,2014 : 500.COM IN MAJOR CHINESE MOBILE DEAL
Nasdaq-listed company will become China Mobile's sole online sports lottery provider.
The rapidly growing Nasdaq-listed sports lottery firm 500.com has clinched a major two-year deal that will see it become the sole provider of online sports lottery products to the state-owned China Mobile, which operates the huge Points Mall online marketplace.
Points Mall online marketplace is an enterprise that has 770 million subscribers, who redeem loyalty points.
China Mobile subscribers will be able to use their loyalty points to buy online sports lottery products through 500.com as a result of the agreement.
Man San Law, founder, chairman and CEO of 500.com said Thursday: “We expect to see sales volumes increase significantly as our products become available to China Mobile's 770 million subscribers.
“We look forward to developing an even deeper relationship with China Mobile as we work to integrate our products into their vast ecosystem.”
The products provided by the company will be available in all of China's 31 provinces, municipalities and autonomous regions. China Mobile will reimburse 500.com for the products purchased in cash.
500.com provides lottery purchase and information services to China Mobile users through its internet, mobile apps, WAP and SMS channels.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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