China's former online lottery operator 500.com continues push into crypto mining by buying BTC.com mining pool operations.
Former Chinese online lottery operator 500.com buys $14.4m worth of Bitcoin mining machines to replace non-existent revenue streams.
Two executives with the company will spend a year in jail for their role in a bribery investigation involving a member of Japan’s parliament.
The two were found guilty of helping facilitate bribes paid to Japanese legislator Tsukasa Akimoto on behalf of gaming operator 500.com.
The Chinese gambling operator accused of bribing Japanese political figures conducts an internal investigation over the allegations.
The Akimoto saga continues with the Tokyo District Court accepting an application from Japanese prosecutors to revoke the bail of Tsukasa Akimoto.
Struggling Chinese online gambling operator 500.com's auditors quit, citing "material weakness" in company's internal controls.
Struggling online gambling operator 500.com gets nod to restart Swedish-licensed Multilotto ops after eight-month suspension.
The political figure has now been arrested four times in connection to bribery allegations involving China-based online gaming company 500.com.
Tsukasa Akimoto has been taken into custody a third time in relation to his participation in a bribery scheme with casino operator 500.com.