Tag Archives: ipo

500.com share price set to tumble as China suspends lottery sales

The Easter holiday break has provided further bad news for embattled New York listed Chinese sports lottery operator 500.com, as Chinese authorities made a new announcement regarding the sale of online lottery services/products. A joint public communication led by China’s Ministry of Finance and eight other governmental bodies stated that all lottery sales serviced through online verticals or through third …

Read More »

Lennart Gillberg: establishing Spiffx as the alternative market place

Preparing his company for a Noridic OMX NASDAQ IPO, Spiffx Founder Lennart Gillberg explains to SBC why he is bringing the innovative new betting exchange to the market and his company’s goals for 2015.  SBC: Can you outline your corporate journey from creating an alternative betting exchange to listing on the Nasdaq Nordic OMX? Lennart : We started four years ago by having …

Read More »