Grupo Salinas-owned Mexican television broadcaster TV Azteca has agreed to invest $5m in Allied Esports to develop a dedicated eSports channel and flagship venue to serve the Latin American market.
TV Azteca will become a shareholder of Allied Esports through an equity investment in Black Ridge Acquisition Corp, which is in the process of acquiring Allied Esports and its sister company World Poker Tour (WPT).
As part of the deal, TV Azteca and Allied Esports will create [...]