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Bally’s back with improved offer to acquire World Poker Tour

26th March 2021 9:18 am GMT
World Poker Tour (WPT)

The battle to acquire Allied Esports Entertainment’s World Poker Tour (WPT) business looks set to continue, with the company now supporting a $105m bid for the business by Bally’s Corp.

In January, Allied Esports agreed a deal to sell WPT to investment firm Element Partners for $78.3m, before Bally’s stepped in with a $100m offer to acquire WPT and the eSports business of Allied Esports earlier this month.

That offer was revised by Bally’s to $90m for [...]

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