Allied Esports Entertainment
Allied Esports boosted by return of live events in Q1
Allied Esports Entertainment achieved its best revenue and adjusted earnings performance since it sold its poker operations during the first quarter of 2022. In a…
Allied Esports announces Wu as new CEO as Ng departs
Allied Esports Entertainment has announced the departure of chief executive Frank Ng and appointment of replacement Libing (Claire) Wu. On the day the esports entertainment…
Allied Esports sells WPT to Element after lengthy bidding war
Allied Esports Entertainment has completed the sale of its poker assets – including the World Poker Tour – to Element Partners. The deal is worth…
Allied Esports poker assets generate $1.5m profit ahead of Element sale
Allied Esports has reported a $45.5m loss for 2020, though its poker assets such as the World Poker Tour, which it is in the process of divesting,…
Allied Esports determines Bally’s bid “superior” to Element agreement
The board of directors of Allied Esports Entertainment has determined that a proposal put forward by Bally’s Corporation to acquire Allied’s poker-related assets is a…
Allied Esports agrees sale of World Poker Tour
Allied Esports Entertainment and privately-held investment vehicle Element Partners, have entered into a definitive agreement under which Element will acquire Allied’s poker-related business and assets,…