Legal & compliance China-facing lottery solutions provider 500.com has announced that its The Multi Group (TMG) subsidiary has temporarily suspended operations in Sweden after failing to renew its licence.Malta-based TMG had been operating its MultiLotto lottery betting brand in Sweden under a year-long licence, but did not renew the permit before its expiration.However, 500.com said TMG is in close communication with Spelinspektionen, the national gambling regulator in Sweden, with a view to renewing its licence as soon as possible.TMG said it expects to renew its licence and resume operations in the country by mid-February.500.com expects TMG’s contribution to group revenue during the first quarter of 2020 to be both materially and adversely impacted by the suspension of operations in Sweden.TMG revenue accounted for approximately 99.1% of 500.com’s total net revenue for the third quarter of 2019, of which around 61.3% was generated in Sweden. The business was acquired in a €49.8m deal in May 2017. In November 2019, 500.com reported a 67.6% year-on-year decline in third quarter revenue, blaming the decline in part on issues related to the migration to a new website in Sweden.The suspension will comes after 500.com last week revealed that its chief executive had stood aside over accusations of bribery in Japan.500.com said that Zhengming Pan, its director and chief executive, requested to temporarily step away from his positions until the conclusion of an internal investigation into alleged illegal money transfers related to the development of integrated resorts in Japan.500.com has formed a special investigation committee to consider its conduct in Japan and the role played by consultants following the arrest of one consultant, who was also a former director of the company’s subsidiary in Japan, and two former consultants by the Tokyo District Public Prosecutors Office. Multilotto halts Swedish activity after licence expires Tags: Online Gambling Email Address Regions: Europe Nordics Sweden Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Legal & compliance Strategy China-facing lottery solutions provider 500.com has announced that its The Multi Group (TMG) subsidiary has temporarily suspended operations in Sweden after failing to renew its licence. 8th January 2020 | By contenteditor
The sixteenth session of Menyuan youcaihua Cultural Tourism Festival, round mountain view flower bed let different flowers menyuan! When blue meets the yellow, what kind of view will it be? Stand in the round table Menyuan mountain view, you will see the blue sky and white cloud and the Qilian mountains, Sichuan full of rape shining gold, into the sky. Here is the most beautiful flowers — Chinese Menyuan hundreds of rape flowers.
Menyuan hundreds of rape flowers is the world’s top ten beautiful flowers, is the national AAAA level scenic spots, planting area of 60 acres. The summer season, Menyuan hundreds of paved golden flowers to P.Tricuspidata, countless tourists with golden fantasy and shock of the soul. As in the best viewing rape flowers — Taiwan round mountain view, in order to give visitors the best viewing platform and enjoy flowers opportunity, Qinghai Huahai tourism development company to re create the round mountain view flower bed area. The scenic spot down the road laying corrosion resistant elastic wooden plank, and on the top of the mountain for tourists to watch rape luxury green size wooden platform, the scenery Sightseeing Leisure coffee corridor, thrilling strop Road, elegant flight gliding, antique style or modern style sightseeing train etc..
into the round mountain view flower bed area, visitors can take a sightseeing train across the sea, enjoy the scenery boundless rape; like walking, can walk in the mountains on the boardwalk, close to smell the fragrance gladdening the heart and refreshing the mind could not bear so fast; leave the scenery, visitors can also sit on the wooden platform or sightseeing coffee leisure corridor, let the impetuous heart to accept the baptism of natural beauty…… Into the circle mountain view flower bed area, visitors will also see people with 100 flowers in Menyuan to create a unique landscape – "love you ten thousand years earth art word. Only standing on the mountain flower round table, to see the world’s largest earth art word, let the most beautiful flowers to people’s blessing.
a netizen had this expression of love beauty Menyuan: "there is a beautiful picture, when I have seen, I do not know to cherish; see now, that precious. Just want to say: come late. If you want to add a time limit, I am willing to ten thousand times." Ten thousand times to Menyuan, round mountain view flower bed will show you ten thousand different attitude in rape flowers.