ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Politics

China-backed 500.com: The company tied to Japan's casino scandal

Shenzhen-based lottery provider alleged to have bribed Japanese lawmaker

Despite posting losses for 19 consecutive quarters, 500.com remains firmly backed by the Chinese government via a subsidiary of state-owned Tsinghua Holdings.

TOKYO/SHENZHEN -- Online sports lottery provider 500.com suddenly finds itself in the hot seat in Japan. The Chinese company is suspected of bribing Tsukasa Akimoto, a Liberal Democratic Party lawmaker deeply involved in crafting the country's gaming policy, who Tokyo prosecutors arrested on Wednesday.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more