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Allied Esports

Allied Esports names new CEO as M&A hunt continues

New York-listed Allied Esports Entertainment has appointed Yinghua Chen as its new chief executive officer.

Chen previously served as president and chief investment officer of Allied [...]

1 min read

Allied Esports CEO Frank Ng steps down

New York-listed Allied Esports Entertainment (AESE) has appointed Libing (Claire) Wu as chief executive officer with immediate effect.

Wu assumes the roles of CEO, president and [...]

2 mins read

Allied Esports completes WPT sale to Element Partners

New York-listed Allied Esports Entertainment (AESE) has completed the sale of its World Poker Tour (WPT) business to Pennsylvania-based investment firm Element Partners.

After fending off [...]

2 mins read
World Poker Tour (WPT)

Allied Esports aims to close WPT sale in April

New York-listed Allied Esports Entertainment expects to close on the sale of its World Poker Tour (WPT) business in April after agreeing a revised deal [...]

1 min read
World Poker Tour (WPT)

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

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 [...]

1 min read
World Poker Tour (WPT)

Element Partners raises bid for World Poker Tour

Investment fund Element Partners has increased its bid to acquire the World Poker Tour (WPT) from Allied Esports Entertainment, with the latest offer narrowly edging [...]

1 min read

Bally’s submits improved offer to acquire World Poker Tour

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 [...]

1 min read

Bally’s makes $100m offer to acquire WPT owner Allied Esports

New York-listed casino and sports betting operator Bally’s Corporation has made an unsolicited offer to acquire World Poker Tour-owner Allied Esports Entertainment for $100m.

Allied Esports [...]

1 min read

Allied Esports agrees $78.3m sale of World Poker Tour

New York-listed Allied Esports Entertainment has agreed to sell its World Poker Tour (WPT) business and assets to Element Partners for a total consideration of [...]

3 mins read
esports

Mexico’s TV Azteca invests $5m to bring eSports and poker to Latin America

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 [...]

1 min read