Exhibit 99.1

500.com Limited Condensed Consolidated Statements of Comprehensive Income (Amounts in thousands of Renminbi (“RMB”) and U.S. dollars (“US$”),  except for number of shares, per share (or ADS) data)
	Six Months Ended
	June 30, 2016			June 30, 2017			June 30, 2017
	RMB			RMB			US$
	Unaudited			Unaudited			Unaudited
Net Revenues		3,459			37,751			5,569
Operating costs and expenses:
Cost of services		(7,206	)		(11,541	)		(1,702	)
Sales and marketing		(24,457	)		(25,951	)		(3,828	)
General and administrative		(124,820	)		(104,454	)		(15,408	)
Service development expenses		(39,818	)		(30,472	)		(4,495	)
Total operating expenses		(196,301	)		(172,418	)		(25,433	)
Other operating income		919			84			12
Government grant		6,697			4,827			712
Other operating expense		(1,494	)		(3,610	)		(533	)
Operating loss		(186,720	)		(133,366	)		(19,673	)
Others,net		-			(4,449	)		(656	)
Interest income		7,370			11,823			1,744
Loss from equity method investments		(251	)		(721	)		(106	)
Gain from disposal of subsidiaries		64,778			-			-
Changes in fair value of contingent considerations		-			(1,089	)		(161	)
Loss before income tax		(114,823	)		(127,802	)		(18,852	)
Income tax (expense) benefit		(9,731	)		18,036			2,660
Net loss		(124,554	)		(109,766	)		(16,192	)
Less: Net (loss) income attributable to the non-controlling interests		(5,913	)		5,177			764
Net loss attributable to 500.com Limited		(118,641	)		(114,943	)		(16,956	)
Other comprehensive income (loss)
Foreign currency translation gain (loss)		25,960			(28,556	)		(4,212	)
Change in fair value of available for sale securities		55			(754	)		(111	)
Other comprehensive income (loss), net of tax		26,015			(29,310	)		(4,323	)
Comprehensive income (loss)		(98,539	)		(139,076	)		(20,515	)
Less: Comprehensive (loss) income attributable to noncontrolling interests		(5,913	)		5,177			764
Comprehensive income (loss) attributable to 500.com Limited		(92,626	)		(144,253	)		(21,279	)
Losses per share attributable to 500.com Limited
Basic		(0.29	)		(0.28	)		(0.04	)
Diluted		(0.29	)		(0.28	)		(0.04	)
Losses per ADS*  attributable to 500.com Limited
Basic		(2.90	)		(2.81	)		(0.41	)
Diluted		(2.90	)		(2.81	)		(0.41	)
Weighted average number of  Class A and Class B ordinary shares outstanding:
Basic		416,199,358			408,699,104			408,699,104
Diluted		416,199,358			408,699,104			408,699,104
* American Depositary Shares, which are traded on the NYSE. Each ADS represents ten Class A ordinary shares of the Company.

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500.com Limited Reconciliation of non-GAAP results of operations measures to the nearest comparable GAAP measures (Amounts in thousands of Renminbi (“RMB”) and U.S. dollars (“US$”), except for number of shares, per share (or ADS) data)
	Six Months Ended
	June 30, 2016			June 30, 2017			June 30, 2017
	RMB			RMB			US$
	Unaudited			Unaudited			Unaudited
Operating loss		(186,720	)		(133,366	)		(19,673	)
Adjustment for share-based compensation expenses		96,723			54,571			8,050
Adjusted operating loss (non-GAAP)		(89,997	)		(78,795	)		(11,623	)
Net loss attributable to 500.com Limited		(118,641	)		(114,943	)		(16,956	)
Adjustment for share-based compensation expenses		96,723			54,571			8,050
Adjusted net  (loss) income attributable to 500.com Limited (non-GAAP)		(21,918	)		(60,372	)		(8,906	)
Earnings (Losses) per share attributable to 500.com Limited (non-GAAP)
Basic		(0.05	)		(0.15	)		(0.02	)
Diluted		(0.05	)		(0.15	)		(0.02	)
Earnings (Losses) per ADS* attributable to 500.com Limited  (non-GAAP)
Basic		(0.53	)		(1.48	)		(0.22	)
Diluted		(0.53	)		(1.48	)		(0.22	)
Weighted average number of  Class A and Class B ordinary shares outstanding:
Basic		416,199,358			408,699,104			408,699,104
Diluted		416,199,358			408,699,104			408,699,104
* American Depositary Shares, which are traded on the NYSE. Each ADS represents ten Class A ordinary shares of the Company.

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