Allied Esports Entertainment

14th July 2021

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…

14th July 2021

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…

1st April 2021

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,…

25th March 2021

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…

19th January 2021

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,…