500.com Limited Establishes Special Committee and Announces Changes to Board of Directors and Management

SHENZHEN, China, Dec. 31, 2019 /PRNewswire/ — 500.com Limited (NYSE: WBAI) (“500.com” or the “Company”), a leading online sports lottery service provider in China, today announced that the Company’s Board of Directors (the “Board”) has formed a Special Investigation Committee (“SIC”) to…

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