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Bally’s submits improved offer to acquire World Poker Tour

17th March 2021 10:02 am GMT

New York-listed Bally’s Corp. is in pole position to acquire the World Poker Tour (WPT) from Allied Esports Entertainment after submitting a revised offer.

Allied Esports agreed a deal in January to sell the WPT business to Element Partners for a total consideration of $78.3m, with that consideration now trumped by Bally’ latest $90m offer for the business.

Bally’s had submitted a $100m offer in early March to acquire Allied Esports Entertainment, including its eSports and WPT [...]

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