LiNiu Technology Group announced unaudited consolidated earnings results for the six months ended June 30, 2017. For the six months, the company reported total revenues of USD 1,453 against USD 28,500,970 a year ago. Operating loss was USD 6,110,333 against USD 129,315,847 a year ago. Net loss attributable to ordinary shareholders was USD 5,702,160 or USD 0.48 per basic and diluted share against USD 129,315,847 or USD 12.29 per basic and diluted share a year ago. Net cash used in operating activities was USD 401,000 against net cash provided by operating activities of USD 1,421,000 a year ago. Non-GAAP loss attributable to ordinary shareholders (before amortization of intangible assets and impairment of intangible assets) was USD 5,702,160 or USD 0.48 per basic and diluted share against USD 23,899,961 or USD 2.27 per basic and diluted share a year ago. Net loss attributable to ordinary shareholders improved compared to the same period of 2016, primarily due to: a significant decrease in commissions to junket agents as a result of minimal revenue in the gaming operation in the first half of 2017; a significant decrease in amortization of intangible assets ($8.1 million) due to the full impairment of intangible assets ($97.3 million) in the prior-year period; and the lower selling, general and administrative expenses for the six months ended June 30, 2017 primarily due to no longer paying management fees to Pak Si and lower salaries as a result of the closure of four VIP rooms in 2016.