According to the state Ministry of Civil Affairs, "public Welfare times" news

May 8 Morning News, according to the state Ministry of Civil Affairs in charge of the "public Welfare times" news, its call to the National Sports Administration Lottery Management Center, learned that the current 500 lottery network and China competition Color Network Sales pilot qualification has not changed.

Although the pilot does not belong to the official lottery sales license, it shows that the lottery sales of these two sites are still legal.

Yesterday, the media published news that the lottery lottery two centers do not authorize any website or organization to conduct online lottery business, all online lottery industry is illegal.

It is understood that the sports administration of the Lottery Management Center related to the Director has made it clear that the center has not received any print media interviews.

In the evening, coincided with the 500 Lottery network released in the first quarter of 2014 earnings, earnings data show that the 500 lottery net in the first quarter net income of 89.8 million yuan, compared with the same period last year, 39.5 million Yuan Rose 127.3%. Total sales of about 1.05 billion yuan, compared with the same period last year 540 million yuan growth of 95.4%.

Although the performance is good, but affected by the news of the day, the 500 lottery net share price still suffered a slump, to close a total fall ―15.05%.

The same is affected by the news, as of 7th closed, the domestic Internet lottery concept shares collective kill fell, the decline ranked in the forefront of the Shanghai-China A-shares decline, including Hong Bo shares, High-hung shares, Guangdong Media fell more than 9%.

500 lottery net in the day's earnings release press release, also made clear that has the legal qualification, September 29, 2012, the Ministry of Finance "on the Internet sales Sports lottery pilot related work Notice", has agreed to lottery lottery Operation Management Co., Ltd., Shenzhen Sky Network Technology Co., Ltd. launched the Internet sales agent sports lottery business. The notice mentioned in the Shenzhen Sky Network Technology Co., Ltd. is 500 lottery network registration and operating company.

The head of the company believes that the relevant government departments have been actively and steadily promoting the management of the Internet lottery industry, has been a positive signal in the recent release. And the government departments and the news media for the industry's concern, will enable all companies to get more healthy development space, but also for the development of the entire industry to play a positive role.