500.com has announced the resumption of its Multilotto operations in Sweden.

The Multi Group a Malta-based subsidiary of the Company, has resumed its operations in Sweden after having received a renewed e-Gaming license for two years for secondary lottery and casino from Sweden’s e-Gaming regulatory authority.

Revenue generated by TMG accounted for approximately 89.7% of the Company’s total net revenues for the fiscal year ended December 31, 2019, of which approximately 61.3% was generated from Sweden.