500.com COO departs


500.com a leading online sports lottery service provider in China, today announced that Mr. Lei Zheng has resigned as Chief Operating Officer of the Company due to personal reasons, effective today.

The Company has no plan to appoint a successor at this point.

“I would like to thank Lei for his invaluable service and contribution to the Company,” commented Mr. Yonghong Zhang, Chairman of the Board of Directors of 500.com.