Clarification on Announcement Regarding Online Lottery Sales in China

SHENZHEN, China, April 7, 2015 /PRNewswire/ — 500.com Limited (NYSE: WBAI) (“500.com” or the “Company”), a leading online sports lottery service provider in China, today made an announcement in furtherance to the announcement the Company made on April 3, 2015. The Company wants to restate that it was one of the two entities approved by the Ministry of Finance in 2012 to provide online lottery sales services on behalf of the China Sports Lottery Administration Center. In particular, such approval mandated that the China Sports Lottery Administration Center use its best effort to develop an online lottery sales management system as part of a pilot program for online lottery sales in China, and once such a management system is finished, the China Sports Lottery Administration Center should apply again for approval from the Ministry of Finance for official commencement of online lottery sales in China. The Company notes it has been working and will continue to work with the China Sports Lottery Administration Center to develop such a management system. To the best of the Company’s knowledge, the approval by the Ministry of Finance for the Company to provide online lottery sales services on behalf of the China Sports Lottery Administration Center is valid and has not been revoked or amended as of the date of this announcement.

The Company believes the public announcement jointly released by eight competent government authorities on April 3, 2015 is a further step by the competent government authorities to sanction unauthorized online lottery sales and to ensure the healthy development of the lottery market in China. In particular, the Company believes the close proximity of the release of such public announcement and the promulgation of the Notice on Issues Related to Self-Inspection and Self-Remedy of Unauthorized Online Lottery Sales on January 15, 2015 signals a potential significant change of regime in the online lottery market in China. In light of such potential change of regime, the Company decided to voluntarily and temporarily suspend all of its online lottery sales services. To the best of the Company’s knowledge, as of the date of this announcement, all online lottery sales service providers in China have temporarily suspended their operations.

The Company further notes that as of December 31, 2014, the Company had cash in the amount of RMB914.2 million, which the Company estimates would be sufficient to sustain the Company’s operations for approximately 10 years without taking into account any revenue, and given the Company’s estimated annual operational overhead of RMB80 million to RMB90 million.

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 third companies to provide online lottery services inChina, 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. According to iResearch, the Company had the largest market share among online lottery service providers for the third six months of 2013, in terms of the total purchase amount of sports lottery products.

Safe Harbor Statements

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.

For more information, please contact:

500.com Limited
ir@500wan.com

Christensen
In China
Mr. Christian Arnell
Phone: +852 9040 0621
E-mail: carnell@christensenir.com

In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/clarification-on-announcement-regarding-online-lottery-sales-in-china-300061562.html

WWE(R) Returns to Singapore This July

SINGAPORE, March 18, 2015 /PRNewswire/ — WWE LIVE™ will return to the Singapore Indoor Stadium at Singapore Sports Hub on July 2. Tickets will be available beginning Thursday, March 26 at 9 a.m. SGT at www.sportshubtix.sg, at the Sports Hub Tix Box Office, by calling the Sports Hub Tix Hotline at +65-3158-7888 or at all Sports Hub Tix Outlet SingPost locations. Tickets will range in prices from S$488 to S$48.

WWE® Returns to Singapore This July Featuring Superstar John Cena

WWE® Returns to Singapore This July Featuring Superstar John Cena

Fans attending WWE LIVE will be able to see their favorite Superstars including John Cena®, Daniel Bryan™, United States Champion Rusev™, Dean Ambrose™, Intercontinental Champion Bad News Barrett™, Dolph Ziggler™ and Kane®.*

“WWE is excited to return to Singapore, giving fans the opportunity to see their favorite Superstars and Divas in an energetic, larger-than-life entertainment event,” said Chris Marsh, Vice President and General Manager, WWE Asia Pacific. “WWE LIVE brings the same non-stop action and family fun that fans know and love from our TV programs on StarHub and WWE Network.”

“I am thrilled to bring WWE Live back to Singapore,” said Paul Dainty, Founder and Executive Chairman of Dainty Group. “This one-night only show should be a must-attend event for families.”

WWE programming, including Monday Night Raw®, SmackDown®, Main Event, NXT™, WWE Superstars™, Vintage™, BottomLine™, AfterBurn, WWE Experience™, This Week™ and Total Divas, airs every week on StarHub. WWE Network offers one-of-a-kind programming including all 12 WWE pay-per-view events LIVE at no additional charge plus groundbreaking original series, reality shows, documentaries, classic matches, exclusive coverage of special events and a robust video-on-demand library with more than 3,000 hours available to subscribers.

*

Talent line-up subject to change.

About WWE

WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family friendly entertainment on its television programming, pay-per-view, digital media and publishing platforms. WWE programming reaches more than 650 million homes worldwide in 35 languages. WWE Network, the first-ever 24/7 over-the-top premium network that includes all 12 live pay-per-views, scheduled programming and a massive video-on-demand library, is currently available in more than 170 countries. The company is headquartered in Stamford, Conn., with offices in New York, Los Angeles, London, Mexico City, Mumbai, Shanghai, Singapore, Dubai, Munich and Tokyo.

Additional information on WWE (NYSE: WWE) can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/.

Trademarks:  All WWE programming, talent names, images, likenesses, slogans, wrestling moves, trademarks, logos and copyrights are the exclusive property of WWE and its subsidiaries. All other trademarks, logos and copyrights are the property of their respective owners.

Forward-Looking Statements: This press release contains forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995, which are subject to various risks and uncertainties. These risks and uncertainties include, without limitation, risks relating to: WWE Network; major distribution agreements; our need to continue to develop creative and entertaining programs and events; a decline in the popularity of our brand of sports entertainment; the continued importance of key performers and the services of Vincent K. McMahon; possible adverse changes in the regulatory atmosphere and related private sector initiatives; the highly competitive, rapidly changing and increasingly fragmented nature of the markets in which we operate and greater financial resources or marketplace presence of many of our competitors; uncertainties associated with international markets; our difficulty or inability to promote and conduct our live events and/or other businesses if we do not comply with applicable regulations; our dependence on our intellectual property rights, our need to protect those rights, and the risks of our infringement of others’ intellectual property rights; the complexity of our rights agreements across distribution mechanisms and geographical areas; potential substantial liability in the event of accidents or injuries occurring during our physically demanding events including, without limitation, claims relating to CTE; large public events as well as travel to and from such events; our feature film business; our expansion into new or complementary businesses and/or strategic investments; our computer systems and online operations; a possible decline in general economic conditions and disruption in financial markets; our accounts receivable; our revolving credit facility; litigation; our potential failure to meet market expectations for our financial performance, which  could adversely affect our stock; Vincent K. McMahon exercising control over our affairs, and his interests may conflict with the holders of our Class A common stock; a substantial number of shares which are eligible for sale by the McMahons and the sale, or the perception of possible sales, of those shares could lower our stock price; and the relatively small public “float” of our Class A common stock. In addition, our dividend is dependent on a number of factors, including, among other things, our liquidity and cash flow, strategic plan (including alternative uses of capital), our financial results and condition, contractual and legal restrictions on the payment of dividends (including under our revolving credit facility), general economic and competitive conditions and such other factors as our Board of Directors may consider relevant. Forward-looking statements made by the Company speak only as of the date made, are subject to change without any obligation on the part of the Company to update or revise them, and undue reliance should not be placed on these statements.

Photo – http://photos.prnasia.com/prnh/20150317/8521501673

VIDEO: #ProjectSnow – Banff National Park’s Winter Canvas

– Stunning time-lapse captures world-renowned Snow Artist Simon Beck’s artistic snowshoe tracks within Canada’s first National Park

BANFF, Alberta, March 11, 2015 /PRNewswire/ — #ProjectSnow, a spectacularly beautiful, poignant video montage of ‘Snow Art’ in motion releases today. Presented by The Upthink Lab, the 2:22 narrative intimately captures the creative journey of internationally-acclaimed snow artist Simon Beck during his first artistic exploration of North America. #ProjectSnow tells the visual story of Beck’s magnificent imprints on the pristine, mountainous landscape of Banff National Park – his latest winter canvas.

Simon Beck's #ProjectSnow art series in Banff National Park included a beautiful snowflake which he composed on the majestic Peyto Lake. Beck then continued to create a howling wolf at Lake Louise Ski Resort as well as a detailed maple leaf drawing at Sunshine Village Ski & Snowboard Resort.

Simon Beck’s #ProjectSnow art series in Banff National Park included a beautiful snowflake which he composed on the majestic Peyto Lake. Beck then continued to create a howling wolf at Lake Louise Ski Resort as well as a detailed maple leaf drawing at Sunshine Village Ski & Snowboard Resort.

Photo – http://photos.prnewswire.com/prnh/20150310/180650

Through fascinating, high-definition footage shot over many, many hours – amongst bright daylight and under starlight skies and astounding Northern Lights colour – #ProjectSnow illustrates the intense intricacy of Beck’s unique work within an innovative time-lapse format. The montage also features impressive ‘light drawing’ effects, highlighting Beck’s Snow Art masterpiece through LED lighting gently retracing the artist’s steps.

Simon Beck creates perfect, detailed geometrical designs using nothing more than a traditional compass, a map drawing and a pair of trusted snowshoes to make carefully-planned tracks in the snow. In February 2015, Beck used his distinctive artistic talents and passion for orienteering to design a series of snow art drawings especially for Banff National Park.

Beck’s #ProjectSnow art series included one huge-scale creation of a beautiful snowflake – his largest-sized drawing to date – which he composed on the majestic Peyto Lake, surrounded by dramatic mountain peaks. Taking over six hours to stomp out in the snow, the design was 450 metres in size, from tip to tip. Beck then continued to take his awe of witnessing the Canadian Rockies for the very first time as inspiration to create drawings for two of Banff National Park’s downhill ski areas. A howling wolf, playing tribute to the National Park and its wild inhabitants, was created at Lake Louise Ski Resort as well as a detailed maple leaf drawing at Sunshine Village – perfectly symbolizing Beck’s first visit to Canada.

“This is how God intended mountains to be.” – Simon Beck, February 2015, Banff National Park

Media Information:

For further information on #ProjectSnow, see: BanffLakeLouise.com/ProjectSnow

To view the time-lapse video content and for the embed link, see: http://youtu.be/u5ykaVnq5gg

For media contacts and for all assistance with images and assets relating to #ProjectSnow, please visit: BanffLakeLouise.com/Media-Relations.

Follow #ProjectSnow & #MyBanff

Photo – http://photos.prnasia.com/prnh/20150310/8521501513

Xiamen International Marathon: Photo Entitled Stylish Running Wins Photography Contest Grand Prize

XIAMEN, China, March 5, 2015 /PRNewswire/ — The 2015 Construction Bank Cup Photography Contest, an important ancillary contest to the Xiamen International Marathon, has always been the best way to relive the events in all their glory. The Xiamen International Marathon Organizing Committee has planned and organized a series of ancillary contests to encourage spectators to pay close attention to the experience of the runners and connect with them on a human level, among them the Marathon Photography Contest. Now in its 12th year, the contest has become one of the most important aspects of the event, providing a platform on which to showcase the graceful movements of the runners, the beautiful scenery of the city of Xiamen and the healthy competitive spirit of the race.

The evaluation of the entries for the photography contest was recently completed and the jury, consisting of several national and provincial photography experts and members of the Xiamen International Marathon Organizing Committee, spent seven hours deliberating through two elimination rounds. Among the thousands of entries, 150 photos were shortlisted during the first round of evaluations, then the selection was narrowed down to 46 “finalists” in the second round, and finally, as everyone expected, Stylish Running, a picture taken by Xiamen resident Su Gengxin, was awarded the grand prize.

More than 4,600 pictures were submitted by over 320 photographers, the content and style of which underwent substantial changes due to the new route of the marathon and several rule changes. Lina Li, jury member and China Portrait Photography Society (CPPS) senior vice chairman and secretary general said: “In contrast to photographs taken during previous events, which mostly were shots of the large gatherings of runners and spectators at the start of a race and during the final rush to the finish line, this year’s collection focused on the progress of the race itself, capturing many splendid moments and interesting details of the event. Photographers have integrated their own understanding and interpretation of the theme of the marathon into their snapshots, allowing anyone viewing the collection of high-quality photos to acquire a sense of the event from a diversity of perspectives.

Shi-Xiong Li, another influential jury member and executive member of the Society of Worldwide Ethnic Chinese Photographers Ltd as well as vice chairman of the Fujian Trade Association of Photography Professionals, said he was highly impressed with this year’s grand prize winner. He added, “The basic elements such as color, hue, composition, and emotional expression in Stylish Running are complete and perfect and the photo has accurately captured the carriage and movement of the runner as he moves along the race route. The picture took on a three-dimensional effect through clever backlight processing, while its bright color contrast and uniform color processing highlighted the dynamism of what was being captured. The overall picture gives an impression of sunlight, warmth and vitality.”

In a move to share the “Dare to Run” spirit of the Xiamen International Marathon, the photography contest, themed “Dare to Discover a Grass Roots Hero”, offered one grand prize, two first prizes, three second prizes, five third prizes, five Best Creative awards and five Best Themed awards, in addition to three Environmental and Public Welfare Prizes, three Beautiful Xiamen Prizes and three Most Heart-touching Prizes. The photography contest also included the “Searching for the Most Popular Xiamen Marathon Hero on the Internet Award”, an event where anyone can cast their vote on the website of the locally well-known interactive community — http://www.xmfish.com. The photography contest’s award ceremony is scheduled to be held this April and winners will receive awards certified by CPPS.

For more award-winning pictures, please visit http://bbs.xmfish.com/read-htm-tid-10797409.html.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/xiamen-international-marathon-photo-entitled-stylish-running-wins-photography-contest-grand-prize-300045956.html

Westin Hotels Continues to Lead Healthy Hotel Revolution with Launch of Wellness Escapes — A Curated Series of On-Site Well-Being Retreats

Holly Perkins, Certified Strength & Conditioning Specialist and Founder of Women’s Strength Nation, Kicks Off Series with Inaugural Retreat in San Diego in April 2015 and Joins the Westin Well-Being Council

STAMFORD, Conn., March 4, 2015 /PRNewswire/ — Westin Hotels & Resorts, part of Starwood Hotels and Resorts Worldwide, Inc. (NYSE: HOT), has revealed the next phase of its year-long Westin Well-being Movement with the announcement of Westin Wellness Escapes, an ongoing well-being series led by experts in the fields of mindfulness meditation, nutrition, yoga, running and more. Taking place at Westin properties around the globe, the series will first launch in North America before rolling out internationally. Established health and fitness personality Holly Perkins will kick off the series by hosting the Women’s Strength Nation LIVE retreat this April, following her appointment to Westin’s Well-Being Council as the brand’s Move Well Advocate.

Westin Move Well Advocate - Holly Perkin

Westin Move Well Advocate – Holly Perkin

Westin Wellness Escapes are designed to inspire empowerment and help attendees pursue their well-being through interactive workshops, including fitness classes, healthy cooking courses, panel discussions, seminars and robust itineraries of wellness activities. The inaugural retreat, held at The Westin San Diego Gaslamp Quarter Hotel, April 10-12, will consist of a weekend-long curriculum of tutorials, exercises and activities designed to help participants’ cultivate their inner strength.

As a leading voice in fitness and the founder of Women’s Strength Nation, a resource dedicated to educating women on the value of strength training, Holly will offer guests the inspiration and tools needed to lead a healthy lifestyle. Westin will also partner with other wellness leaders to curate subsequent retreats in 2015.

“The Westin Wellness Escapes series is designed to motivate and educate those seeking to achieve or sustain a healthy lifestyle while still exploring the world,” said Brian Povinelli, Global Brand Leader for Westin. “Similar to Westin’s collaboration with New Balance, Holly’s involvement in the program reinforces the Move Well philosophy and lets us further cater to the diverse needs of our guests.”

Westin Picks Up the Pace with First-of-Its-Kind Series

Travelers are increasingly seeking quick and effective wellness breaks instead of extended holidays for mind and body reboots, choosing more accessible options that offer a brief change of scenery, relaxation and wellness activities. Leading research groups, such as Global Wellness Tourism Economy Report, predict that wellness tourism will grow by more than 9% per year through 2017, nearly 50% faster than overall global tourism.

Westin is capitalizing on this growing trend with Wellness Escapes to offer concise, thoughtfully organized itineraries for discerning, wellness-minded travelers. The series is inspired by the brand’s six pillars of well-being: Feel Well, Work Well, Move Well, Eat Well, Sleep Well and Play Well. Themes will vary across all events; with each workshop focused on well-being and the Westin brand philosophy, “For a Better You.”

The Westin Wellness Escapes slated in the brand’s pipeline thus far is as follows:

  • Women’s Strength Nation LIVE with Fitness Expert Holly Perkins at The Westin San Diego Gaslamp Quarter — April 10-12, 2015  
    The weekend-long strength training retreat for women will enable attendees to achieve next level fitness through a multitude of educational sessions. Participants will learn techniques and methods derived from Holly’s Women’s Strength Nation platform to discover personal strength through the development of outer strength. Consumers can book this retreat now at westin.com/wellnessescapes.
  • Triathlon Recovery Retreat with runWESTIN Concierge Chris Heuisler at The Westin Jekyll Island — May 16-17, 2015
    In celebration of its grand opening and as part of its Jekyll Island Turtle Crawl Triathlon sponsorship, The Westin Jekyll Island will offer a 24-hour triathlon recovery retreat, hosted by runWESTIN Concierge, Chris Heuisler. Activities will kick off right away at the finish line of the race with a private tent for hotel guests, and continue both on and off-property until Sunday at check-out. Westin racers who book a stay at the hotel on Saturday, May 16 will enjoy a number of carefully selected amenities targeted at the importance of proper recovery following a race, as well as an expertly crafted schedule of recovery activities and educational talks.

Additional Wesitn Wellness Escapes will be announced throughout the year. More about the inspiring series can be found at westin.com/wellnessescapes. To join the Westin Wellness Escapes conversation, users are invited to use #westinwellbeing on Facebook, Twitter, and Instagram.

Holly’s Fitness Fundamentals Bring to Life Westin’s Mantra “For a Better You
With 20 years of experience in the health industry, Holly is a leading voice in women’s fitness and the ideal candidate to support the brand’s Move Well pillar and host the inaugural Westin Wellness Escapes retreat with her Women’s Strength Nation programming. Also, as part of the collaboration, Holly has produced four strength training videos with exclusive and engaging content focusing on tips and tricks for staying fit while traveling. Developed as 5-minute video segments, the films provide a comprehensive, equipment free, 20-minute workout which can easily be done in a guest room or at home. The video content is accessible via on-demand for free at 80+ hotels across the country in addition to being available on Westin’s YouTube channels and westin.com/hollyperkins now.

As a certified strength and conditioning specialist, Holly’s success is derived from her philosophy that science should be the foundation of fitness. In 2014, Holly created the Women’s Strength Nation community to educate, inspire and lead women towards a new definition of inner strength. The platform serves as a resource for women seeking to enhance their strength in, and out of, the gym.

The Westin Well-being Council is a diverse advisory board composed of renowned thought leaders, each of whom aligns with a specific wellness brand pillar. Perkins joins Council members Ashley Koff, internationally-renowned dietician, Andy Puddicombe, Headspace Co-Founder and mediation expert, and media mogul Arianna Huffington in guiding and inspiring new initiatives, leveraging proprietary research to inform and introduce new programs throughout the year.

“It is exciting to join the Westin Well Being Council and help you stay fit even when you travel,” said Holly Perkins. “An active life is key to ensuring optimal health, wellbeing and vitality. In order to thrive, the human body needs to run, jump, dance and play every day. My mission in life is to provide inspiration and tools for you to create a fitness plan that works for your lifestyle and helps you achieve your personal best.”

About The Westin Well-being Movement
With a brand positioning rooted in wellness for more than a decade, Westin Hotels & Resorts is dedicated to ensuring that guests leave feeling better than when they arrived.  Earlier this year the brand launched The Westin Well-Being Movement  a year-long global initiative designed to enhance the well-being of guests and associates with the introduction of a string of innovative partnerships and programs across the brand’s six pillars of well-being: Feel Well, Work Well, Move Well, Eat Well, Sleep Well and Play Well. Building upon its existing healthy SuperFoodsRx™ menus, Westin recently introduced new delicious and nutrient-rich offerings including Westin Fresh by The Juicery, featuring energizing juices and smoothies, and kid-tested nourishing dishes developed in partnership with SuperChefs on the Westin Eat Well Menu for Kids (Eat Well). The brand also recently announced a partnership with the mindful meditation app, Headspace (Feel Well), in which guests have exclusive access to customized content through the Westin website, designed to spread healthy benefits including decreasing stress, improving mood and increasing creativity.

The inspiration for Westin’s wellness strategy, the iconic Heavenly® Bed (Sleep Well) is beloved by guests and lauded as one of hospitality’s great innovations. WestinWORKOUT®, RunWESTIN™ and Westin Gear Lending with New Balance® (Move Well) together pack a formidable punch, offering guests a holistic fitness solution. The brand’s nature-inspired design, signature sensory welcome, Heavenly Bath and Heavenly Spa (Feel Well) offer a relaxing respite from the rigors of travel. Tangent (Work Well), an innovative workspace concept for small groups modeled to support today’s mobile traveler, is receiving rave reviews and high usage from guests in locations where available. Westin Weekend (Play Well) signature experiences are designed to let guests escape, discover and relax and the brand’s digital destination guide, Westin Finds from AFAR, provides guests with uniquely curated travel experiences.

For more information on Westin and the brand’s Well-Being Movement, click here. For more information on Westin Hotels & Resorts, please visit westin.com, Facebook or follow Westin on Twitter and Instagram.

About Westin Hotels & Resorts
Westin Hotels & Resorts has been a leader in wellness and hospitality for more than a decade. Today, Westin has more than 200 hotels and resorts in nearly 40 countries and territories, and is owned by Starwood Hotels & Resorts Worldwide, Inc., one of the leading hotel and leisure companies in the world with more than 1,200 properties in 100 countries and over 180,000 employees at its owned and managed properties.  Starwood is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands:  St. Regis®, The Luxury Collection®, W®, Westin®, Le Meridien®, Sheraton®, Four Points® by Sheraton, Aloft®, and Element®.  The Company boasts one of the industry’s leading loyalty programs, Starwood Preferred Guest (SPG®), allowing members to earn and redeem points for room stays, room upgrades and flights, with no blackout dates.  Starwood also owns Starwood Vacation Ownership, Inc., a premier provider of world-class vacation experiences through villa-style resorts and privileged access to Starwood brands.  For more information, please visit http://www.starwoodhotels.com.

Photo – http://photos.prnasia.com/prnh/20150304/0861501459

Eight Exciting Matchups at Saturday’s “Showdown at Sands” at The Venetian Macao

Multi-bout boxing extravaganza starts 5:30 p.m. at Cotai Arena — first bout at 5:45 p.m.

MACAO, March 3, 2015 /PRNewswire/ — With the Showdown at Sands less than a week away, the full fight card has been announced and it contains some exciting matchups. A seven-bout undercard includes two title fights, one eliminator bout and a wealth of talent sure to have boxing fans frantic in anticipation of the March 7 slug fest at The Venetian®Macao’s Cotai Arena. It all culminates with the headline battle between Zou Shiming and Amnat Ruenroeng for the IBF world flyweight crown.

Macao’s latest boxing spectacular, Showdown at Sands, happens at The Venetian Macao March 7, featuring Zou Shiming and Amnat Ruenroeng, with an undercard that includes Ik Yang, Rex Tso, Ng Kuok Kun and more.

Macao’s latest boxing spectacular, Showdown at Sands, happens at The Venetian Macao March 7, featuring Zou Shiming and Amnat Ruenroeng, with an undercard that includes Ik Yang, Rex Tso, Ng Kuok Kun and more.

The main event will see two undefeated fighters go head to head, with China’s double Olympic gold medallist and national hero Zou Shiming (6-0, 1 KO) looking to take the IBF world flyweight title from reigning champion Amnat Ruenroeng (14-0, 5 KOs). They met in the ring three times as amateurs, with Zou earning victories in their last two encounters. But as a pro, Zou will on Saturday be lacing his gloves in what is only his seventh career fight — and his first-ever attempt at a world title. It could prove to be a tall order, as Ruenroeng counts more than twice the number of professional fights under his belt. The 35-year-old champion from Thailand has already successfully defended his title twice since first earning it a little over one year ago. The Cotai Arena crowd will likely give Zou a lift with a home-country advantage, but will it be enough to dethrone the Thai?

Zou isn’t the only fighter flying the flag for China at the Showdown at Sands. Undefeated Ik Yang (18-0-0-1, 13 KOs) from Dalian will take on another Thai fighter in Patomsuk Pathompothong (30-2-1, 18 KOs). With 13 knockouts from 18 fights, Yang will be looking to add to that tally against 31-year-old Pathompothong when they meet in their 12-round IBF light welterweight title eliminator. Yang is no stranger to Macao, having fought in the city on four previous occasions. Pathompothong will be making his Macao debut and like his compatriot Ruenroeng will likely have to deal with the crowd, who will almost certainly be rooting for the Chinese fighter.

One of two undercard title fights brings New Jersey native Glen “Jersey Boy” Tapia (22-1, 14 KOs) to face off against 37-year-old Australian Daniel “Awesome” Dawson (40-4-1, 26 KOs) in a 10-round contest for the NABO junior middleweight championship. Tapia is 12 years Dawson’s junior at just 25 and has only one loss on his nearly flawless record. Dawson on the other hand is 6-1-1 in his last eight fights and has spent time as a sparring partner for the legendary Manny Pacquiao.

The other undercard title fight will see Hong Kong’s undefeated Rex “The Wonder Kid” Tso (15-0, 9 KOs) take on Filipino fighter Michael Enriquez (10-2-1, 6 KOs) over 10 rounds for the WBA international super flyweight title. The 27-year-old Tso has nine knockouts in 15 fights, some of which have come against opponents with considerably more experience. Tso will likely be confident going into the fight as he is currently ranked No. 3 by the WBO. Enriquez will also go into the fight with his confidence high after winning his last fight in emphatic style after beating Michael Estrada in the first minute and a half of the first round.

Mexico meets the Philippines as Jose Felix, Jr. (28-1-1, 23 KOs) takes on Raymond “Foreman” Sermona (17-4-5, 8 KOs) in an eight-round lightweight bout. A nine-year professional, Sermona will be making his Macao debut at Showdown at Sands. With 26 professional fights he is evenly matched with Felix, who has made good progress for a young fighter at just 22 and is a former super featherweight interim world title challenger.

In another PhilippinesMexico duel, Aston Palicte (16-1, 14 KOs) meets Ismael Garnica (13-5-1, 5 KOs). A professional for only three years, Garnica will be making his Macao debut in this 10-round super flyweight contest against Palicte who will also be making his first Cotai Arena appearance. Garnica will have his work truly cut out for him when he takes on a man who has amassed an incredible 14 knockouts in just 16 professional fights, including his last six. Even more staggering is the fact that five of those last six knockouts came in the first round.

Local pro “The Macao Kid” Ng Kuok Kun (6-0, 2 KOs) faces five-year pro Chingchai Kiatpracha (7-2, 3 KOs) of Thailand in what will likely be a hometown crowd favourite. The undefeated local fighter will be looking for a seventh win in his sixth consecutive fight at The Venetian Macao. His last performance was a hard fought six-round unanimous decision against Australian Stephen Attard. Kiatpracha has four more years’ experience than Ng, but the Macao audience will almost certainly make it hard for him to concentrate as it cheers for its homegrown hero.

Rounding out the undercard is Chinese fighter Zhou Yunfei (4-0, 1 KOs) who will take on Mexican fighter Paul Valenzuela (3-1, 2 KOs). A professional for only 10 months, Zhou makes his Cotai Arena debut in the six-round super middleweight fight. Valenzuela has more experience than Zhou, although not by much, and will likely be looking to use all of it to win over the crowd, but with only four fights under his belt, including a loss in his last fight, this matchup seems very evenly balanced.

Promoted by Top Rank® and Sands China Ltd., in association with Tecate, SECA, Kreerin Promotions, Sampson Boxing and Foreman Boys Promotions, the Zou Shiming vs. Amnat Ruenroeng world flyweight championship fight takes place Saturday, March 7, at The Venetian Macao’s Cotai Arena. The multi-bout Showdown at Sands kicks off at 5:30 p.m., with the first fight beginning at 5:45 p.m.

For fight updates go to www.toprank.com or www.hbo.com, on Facebook at facebook.com/trboxing, facebook.com/trboxeo or facebook.com/hboboxing and on Twitter at twitter.com/trboxing, twitter.com/trboxeo or twitter.com/hboboxing.

NOTE: Bouts and times subject to change

Ticketing details:

Event

Showdown at Sands

Date and Time           

March 7, 2015; 5:30 p.m. (first bout begins 5:45 p.m.)

Venue

Cotai Arena

Ticket Prices

MOP/ HKD 4,680 (Gold Reserve)

MOP/ HKD 1,680 (Silver Reserve)

MOP/ HKD 1,280 (Bronze Reserve)

MOP/ HKD 980 (A Reserve)

MOP/ HKD 580 (B Reserve)

MOP/ HKD 280 (C Reserve)

MOP/ HKD 180 (D Reserve)

Ferry Packages

Add HKD/MOP 108 to ticket price for a round trip Cotai Water Jet ferry ticket between Hong Kong and Macao (D Reserve excluded)

Hotel Packages

Available only through Cotai Ticketing via phone, starting at HKD/MOP 3,760 (plus 5% government tax and 10% service charge).

Includes two tickets and one night’s accommodation at a choice of:

– The Venetian Macao

– Conrad Macao, Cotai Central

– Sheraton Macao Hotel, Cotai Central

– Holiday Inn Macao Cotai Central

Ticketing Outlets

Cotai Ticketing

– Online: www.cotaiticketing.com

– Box offices:

    – The Venetian Macao — Cotai Arena and Main Lobby box offices

    – Four Seasons Hotel Macao — The Plaza™ Macao box office

    – Sands® Macao — Level 1 box office

    – Sands® Cotai Central — Sheraton Main Lobby and Holiday Inn Main Lobby box offices

– Phone:

    – Macao: +85328828818

    – Hong Kong: +85263336660

    – China toll-free: 4001 206 618

    – Thailand toll-free: 1 800 852 2282

Hong Kong Ticketing (customer service fee applies)

– Online: www.HKTicketing.com

– Phone: +85231288288

Macao Kong Seng Ticketing Network

– Online: www.macauticket.com

– Selected retail outlets, as listed at www.macauticket.com/TicketWeb/ServiceStations.aspx

– Phone: +85328555555

Entertainment at Sands China Ltd. Properties

Sands China Ltd. has as a clear vision to establish Macao as Asia’s top entertainment destination.

The 15,000-seat Cotai Arena is the only venue in Asia ranked in Pollstar’s Top 100 Worldwide Arena Venues based on ticket sales. It is the top entertainment destination in southern China, hosting the world’s and the region’s biggest names in music, sports and awards shows. Superstars frequently choose the venue as the starting point of their Asian tours.

The 1800-seat, multi-purpose Venetian Theatre is one of the most luxurious entertainment venues in greater China. Featuring ushers in black-tie, champagne service, gourmet food and beverage items and other unique, premium amenities, it offers an intimate, luxurious and exclusive venue experience. The Venetian Theatre is playing a key role in bringing the best in international and Chinese entertainment to Macao, with a luxury theatre experience like no other in the region.

The 650-seat Sands Theatre regularly features internationally-renowned singers, performers and artists of the highest calibre. From traditional Chinese-costumed dancers to modern performances, and from singing troupes to contemporary bands, everything from Western rock to Cantonese pop is covered.

With an unbeatable diversity, the entertainment offering of Sands China Ltd. is ushering in a new era of entertainment in Macao.

For information about upcoming shows and events, visit http://en.sandsresortsmacao.com/macau-shows.html and www.sandsmacao.com/entertainment.html.

About The Venetian® Macao

Opened in 2007, The Venetian®Macao is Macao’s first integrated resort featuring stunning replicas of the famous canals and architectural icons of Venice, Italy. The Venetian Macao features 3,000 suites, 1.2 million square feet (111,000 square metres) of convention and meeting facilities as well as a 15,000-seat Cotai Arena designed for world-class sports events and electrifying entertainment. The Venetian Macao is also home to the unique, 1,800-seat luxury Venetian Theatre, hosting the best in international and Chinese entertainment; more than 30 renowned restaurants; TAIVEXMALO Day Hospital & Spa; the incredibly fun QUBE indoor playground and more than 300 retailers at Shoppes at Venetian. Outdoor recreation areas include swimming pools and cabanas and a mini-golf course.

For more information, please visit www.venetianmacao.com.

About Sands Resorts Cotai Strip Macao — Sands China’s Integrated Resort City

Sands China Ltd. is the leading developer, owner and operator of integrated resorts in Macao. The befittingly named Sands Resorts Cotai Strip Macao, situated on reclaimed land between the islands of Coloane and Taipa, is the one destination that provides a stunning array of experiences at the heart of Cotai. Sands Resorts Cotai Strip Macao has transformed a day-trip market into an integrated resort city and international hub for business and leisure travellers.

Pulsating with life, both night and day, Sands Resorts Cotai Strip Macao features an expansive offering of affordable luxury available nowhere else in Macao, with approximately 9,000 hotel rooms and suites, international superstar live entertainment, duty-free shopping with more than 600 retailers offering an unparalleled array of name brands, 1.5 million square feet (120,000 square metres) of meeting and exhibition space for Asia’s leading conferences and exhibitions, transportation offerings and well over 100 dining options, including Michelin-starred restaurants, bars and lounges. Sands Resorts Cotai Strip Macao is a must-go destination providing every guest with an unforgettable experience and unparalleled excitement.

Comprised of The Venetian®Macao; The Plaza™ Macao, featuring the Four Seasons Hotel Macao; and Sands® Cotai Central, featuring the world’s largest Conrad, Sheraton, and Holiday Inn hotels Sands Resorts Cotai Strip Macao is where Asia’s ultimate destination is all within reach. And coming in late 2015… the crowning achievement of Sheldon G. Adelson’s vision of the Cotai Strip… The Parisian Macao.

Sands Resorts Cotai Strip Macao… Be at the Centre of It All! For more information, please visit http://en.sandsresortsmacao.com.

FOR ADDITIONAL INFORMATION (Media):

TOP RANK

Lee Samuels: +1-702-378-1083 / Lee@toprank.com

Ricardo Jimenez: +1-909-615 -3436 / Ricardoej@aol.com

Fred Sternburg: +1-303-548-0707 / TooFred@aol.com

Ed Keenan: +1-609-399-1330 / Keenan@emcevents.com

VENETIAN MACAU LIMITED

Mabel Wu: +853-8118-2268 / mabel.wu@sands.com.mo

Josie Ho: +853-8118-2024 / josie.ho@sands.com.mo

Photo – http://photos.prnasia.com/prnh/20150303/8521501338-a

Analytics Solutions Will Help Monetize Burgeoning Online Video Marketplace

— Adopting OVA solutions will help measure effectiveness and identify real-time consumption behavior, finds Frost & Sullivan

MOUNTAIN VIEW, Calif., March 3, 2015 /PRNewswire/ — The increasing use of Internet protocol (IP) enabled devices has fuelled massive video consumption and, in turn, driven the need for online video analytics (OVA) solutions globally. Publishers, advertisers and service providers have come to the realization that OVA solutions are essential to device effective strategies to monetize from targeted video services.

New analysis from Frost & Sullivan, Global Online Video Analytics Market, finds that the market earned revenues of $189.4 million in 2014 and estimates this to reach $472.0 million by 2020.

For complimentary access to more information on this research, please visit: http://bit.ly/1Bd4mHP

Due to a rapid adoption of over-the-top services (OTT), supported by the proliferation of mobile devices, user-generated online video has grown substantially. As a result, advertisers and publishers have begun to divert their resources to online channels, boosting the prospects of OVA solution providers.

“The demand for premium TV content on online channels has also increased due to the popularity of live global sporting events,” said Frost & Sullivan Digital Media Industry Manager Hiral Jasani. “This has highlighted the need to identify real-time consumption behavior and measure the effectiveness of online video and online video advertising by adopting sophisticated OVA solutions.”

However, the lack of standardization of measurement metrics offered by OVA platforms, coupled with the diversity of devices and video formats, has led to confusion in the market and prevented these solutions from going mainstream. Instead of taking the risk of investing in third-party OVA solutions, the market has been using home-grown or bespoke solutions.

With no standardization in terms of measuring audience engagement, viewership or quality of online video, the market has become fragmented. As a result, there are only a handful of pure-play OVA solution providers globally.

“The OVA market will remain fragmented, as publishers, advertisers and service providers each try to control their ends of video delivery and claim control of the OVA functionality,” noted Jasani. “As video makes up the bulk of online traffic, several big data and Web analytics solutions providers will also compete with these players, further increasing market fragmentation.”

In the coming years, publishers will widely adopt the programmatic advertising approach, giving rise to larger ad inventories and driving the need for OVA solutions. OVA solution providers who can cater to this trend and enable publishers to offer viewership guarantees to advertisers will succeed.

Global Online Video Analytics Market is part of the Digital Media (http://www.digitalmedia.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Global Enterprise Content Management Market, Global Enterprise Video Webcasting Solutions Market, Analysis of the Global Learning Management Systems Market, and Global Non-Linear Editing Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion

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Global Online Video Analytics Market
NE1C-70

Contact:
Clarissa Castaneda
Corporate Communications – North America
P: +1.210.477.8481
F: +1.210.348.1003
E: clarissa.castaneda@frost.com

http://www.frost.com

500.com Limited Provides Additional Information on Temporary Suspension of Sales by Provincial Sports Lottery Administration Centers

SHENZHEN, China, March 2, 2015 /PRNewswire/ — 500.com Limited (NYSE: WBAI) (“500.com” or the “Company”), a leading online sports lottery service provider in China, today made an announcement in furtherance to the Company’s announcement on February 25, 2015 with regard to the suspension of sales by certain provincial sports lottery administration centers. On February 28, 2015 the Company was further informed by the remaining provincial sports lottery administration centers to which the Company provides sport lottery sales services that such provincial sports lottery administration centers also plan to temporarily suspend accepting online purchase orders for lottery products, in response to the Notice on Issues Related to Self-Inspection and Self-Remedy of Unauthorized Online Lottery Sales. The Company notes that during the temporary suspension period the Company plans to continue processing online orders for lottery products that are distributed by local lottery stations and represented by paper lottery tickets. As a result, the Company expects transaction volume to decrease significantly and in turn the Company’s financial results will likely be materially and adversely impacted during the temporary suspension period. The Company plans to actively engage in conversation with the competent government authorities with regard to such temporary suspension and will make announcements with updates on the situation once available.

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 third companies to provide online lottery services in China, 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. According to iResearch, the Company had the largest market share among online lottery service providers for the third six months of 2013, in terms of the total purchase amount of sports lottery products.

Safe Harbor Statements

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.

For more information, please contact:

500.com Limited
ir@500wan.com

Christensen

In China
Mr. Christian Arnell
Phone: +86-10-5900-1548
E-mail: carnell@christensenir.com

In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/500com-limited-provides-additional-information-on-temporary-suspension-of-sales-by-provincial-sports-lottery-administration-centers-300043422.html

500.com Limited Announces Share Repurchase Program

SHENZHEN, China, February 26, 2015 /PRNewswire/ — 500.com Limited (NYSE: WBAI) (“500.com” or the “Company”), a leading online sports lottery service provider in China, today announced that its board of directors approved a share repurchase program, effective immediately.

Under the program, the Company is authorized to repurchase up to US$30 million worth of outstanding American depositary shares (“ADSs”) from time to time depending on market conditions and other factors as well as subject to relevant rules under United States securities regulations. The share repurchase program will be funded with the Company’s available working capital. As of December 31, 2014, the Company had approximately 23.4 million ADSs outstanding including 3.5 million restricted ADSs and cash(1) of approximately RMB914.2 million (US$146.2 million) (2).

(1) Including cash and cash equivalents of RMB485.6 million (US$77.6 million), restricted cash of RMB12.7 million (US$2.0 million) and time deposits of RMB415.9 million (US$66.5 million)

(2) This announcement contains the translation of a certain RMB amount into U.S. dollars at a specified rate solely for the convenience of the reader. The translation from RMB to U.S. dollars is made at a rate of RMB6.2546 to US$1.00, the effective noon buying rate as of February 20, 2015, as set forth in the H.10 statistical release of the U.S. Federal Reserve Board.

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 third companies to provide online lottery services in China, 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. According to iResearch, the Company had the largest market share among online lottery service providers for the third six months of 2013, in terms of the total purchase amount of sports lottery products.

Safe Harbor Statements

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.

For more information, please contact:

500.com Limited
ir@500wan.com

Christensen
In China
Mr. Christian Arnell
Phone: +86-10-5900-1548
E-mail: carnell@christensenir.com

In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/500com-limited-announces-share-repurchase-program-300042013.html

500.com Limited Announces Suspension of Sales by Certain Provincial Sports Lottery Administration Centers

SHENZHEN, China, February 25, 2015 /PRNewswire/ — 500.com Limited (NYSE: WBAI) (“500.com” or the “Company”), a leading online sports lottery service provider in China, today announced that it had recently come to the Company’s attention that certain provincial sports lottery administration centers to which the Company provides sport lottery sales services plan to temporarily suspend accepting online purchase orders for lottery products, in response to the Notice on Issues Related to Self-Inspection and Self-Remedy of Unauthorized Online Lottery Sales (the “Notice”), which was jointly promulgated by the Ministry of Finance, the Ministry of Civil Affairs and the General Administration of Sports of the People’s Republic of China on January 15, 2015.

The Notice requires provincial and municipal government branches, including financial, civil affairs and sports bureaus, to conduct inspection and take remedial measures for unauthorized online lottery sales within their respective jurisdictions. The scope of inspection includes, among other things, commercial contract arrangements, online lottery products, lottery sales data exchange, online lottery sales channels, and sales commission fees in connection with unauthorized engagements of online sales agents by lottery administration centers. The Notice further requires a formal report on the result of the self-inspection and self-remedy be submitted by each provincial or municipal government to the Ministry of Finance, the Ministry of Civil Affairs and the General Administration of Sports of the People’s Republic of China by March 1, 2015.

The Company was informed by certain provincial sports lottery administration centers that as part of their respective self-inspection processes, such provincial sports lottery administration centers plan to temporarily suspend accepting online purchase orders for lottery products starting from February 25, 2015. Four high frequency lottery products for which the Company currently provides online services are affected as a result and the Company will not be able to accept online purchase orders for such suspended lottery products. Aggregate revenue generated from the four suspended lottery products accounted for approximately 10.6% and 9.6% of the Company’s total revenue in 2013 and 2014, respectively. The Company is closely monitoring the development of the matter and will disclose relevant information in a timely manner once available.

The Company notes that, as stated in the preamble of the Notice, the promulgation of the Notice is an important step by the competent government authorities to sanction unauthorized online lottery sales and to ensure healthy development of the lottery market in China. Although there is uncertainty involved in the implementation of the Notice, the Company believes such measures would have long-term beneficial effects on the lottery market in China. In addition, the Company wishes to reiterate that the Company has obtained the approval from the Ministry of Finance to provide online sports lottery services on behalf of China Sports Lottery Administration Center.

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 third companies to provide online lottery services in China, 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. According to iResearch, the Company had the largest market share among online lottery service providers for the third six months of 2013, in terms of the total purchase amount of sports lottery products.

Safe Harbor Statements

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.

For more information, please contact:

500.com Limited
ir@500wan.com

Christensen

In China
Mr. Christian Arnell
Phone: +86-10-5900-1548
E-mail: carnell@christensenir.com

In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/500com-limited-announces-suspension-of-sales-by-certain-provincial-sports-lottery-administration-centers-300041067.html