{"id":200,"date":"2024-06-18T05:40:18","date_gmt":"2024-06-18T02:40:18","guid":{"rendered":"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/18\/500-com-bets-on-blockchain-despite-revenue-dip\/"},"modified":"2024-06-20T17:17:22","modified_gmt":"2024-06-20T14:17:22","slug":"500-com-bets-on-blockchain-despite-revenue-dip","status":"publish","type":"post","link":"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/18\/500-com-bets-on-blockchain-despite-revenue-dip\/","title":{"rendered":"500.com Bets on Blockchain Despite Revenue Dip"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/NimMh-f4euM\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Chinese digital sports wagering company, 500.com, experienced a 5% rise in earnings year-on-year in the final quarter of 2020, hitting 9 million yuan (approximately $1.4 million USD). This marked a substantial leap from the 6.1 million yuan generated in the third quarter of 2020.  Despite the encouraging figures for the quarter, the firm&#8217;s total revenue for 2020 declined in comparison to 2019.<\/p>\n<p>Nevertheless, 500.com is undertaking a major shift into the realm of blockchain technology and digital currencies. They have already made investments in an enterprise known as Loto Interactive, which operates in the Bitcoin mining sector, and they intend to further expand their stake. To cement this strategic pivot, 500.com has inked an agreement to acquire a considerable quantity of Bitcoin mining equipment. They evidently recognize the promise of cryptocurrency and are positioning themselves to profit from it. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Chinese digital sports wagering company, 500.com, experienced a 5% rise in earnings year-on-year in the final quarter of 2020, hitting 9 million yuan (approximately $1.4 million USD). This marked a substantial leap from the 6.1 million yuan generated in the third quarter of 2020. Despite the encouraging figures for the quarter, the firm&#8217;s total [&hellip;]<\/p>\n","protected":false},"author":101,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>500.com Sees Q4 Earnings Surge, Embraces Blockchain Future<\/title>\n<meta name=\"description\" content=\"Chinese digital sports wagering giant 500.com saw a 5% year-on-year earnings jump in Q4 2020, raking in a cool $1.4 million USD. The company is now setting its sights on a major blockchain tech transformation. Could this be a game-changer?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/18\/500-com-bets-on-blockchain-despite-revenue-dip\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"500.com Bets on Blockchain Despite Revenue Dip\" \/>\n<meta property=\"og:description\" content=\"Chinese digital sports wagering giant 500.com saw a 5% year-on-year earnings jump in Q4 2020, raking in a cool $1.4 million USD. The company is now setting its sights on a major blockchain tech transformation. Could this be a game-changer?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/18\/500-com-bets-on-blockchain-despite-revenue-dip\/\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Thrill of Victory at Our Licensed Online Casino\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-18T02:40:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-20T14:17:22+00:00\" \/>\n<meta name=\"author\" content=\"Finn &quot;Falcon&quot; McCann\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Finn &quot;Falcon&quot; McCann\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/18\/500-com-bets-on-blockchain-despite-revenue-dip\/\",\"url\":\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/18\/500-com-bets-on-blockchain-despite-revenue-dip\/\",\"name\":\"500.com Sees Q4 Earnings Surge, Embraces Blockchain Future\",\"isPartOf\":{\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-18T02:40:18+00:00\",\"dateModified\":\"2024-06-20T14:17:22+00:00\",\"author\":{\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/#\/schema\/person\/05334597e922d19a99314512ecbd05f2\"},\"description\":\"Chinese digital sports wagering giant 500.com saw a 5% year-on-year earnings jump in Q4 2020, raking in a cool $1.4 million USD. 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