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The firm purportedly later accepted the resignation of its Chairman, Xudong Chen, while its Chief Executive Officer, Zhengming Pan, subsequently proclaimed that he would be temporarily standing down ‘in order to ensure a thorough and fair investigation’ into the matter could be conducted.Reportedly read the filing from 500.com was reportedly implicated late last month over allegations that it had spent approximately ¥8 million (,000) on bribing up to six members of Japan’s House of Representatives in hopes of being given permission to bring a land-based integrated casino resort to the islands of Hokkaido or Okinawa....

 

 

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