Allied Esports Entertainment has announced the sale of World Poker Tour to Element Partners
Allied Esports Entertainment has proclaimed the sale of World Poker Tour to Element Partners.
World Poker Tour has been program globally inward more than 150 countries and is currently producing its 18th season, which will aura on Charles James Fox Sports' regional networks inwards the US.
The circuit has go a premier call within the fire hook manufacture and its sale was approved at a special get together between Allied Esports stockholders on 1 July 2021.
As previously announced, the purchase price of the trade is $105m, which includes 100% of the salient great gillyflower of apiece of the sound entities that operated or engaged inwards the company’s poker-related stage business and assets.
Following the windup of the deal, Allied Esports said it is “comprised of its esports business, Allied Esports, and cash resources from the sale.”
Frank Ng, CEO of Allied Esports Entertainment, said: “This is a momentous daytime for AESE and an chance to focus on growing the business organisation in exciting and innovational ways.
“Congratulations to ecstasy Pliska and his total team at World Poker Tour as they too displace into a new, successful chapter.”