Premier esports entertainment company Allied Esports has announced that they have sold off the World Poker Tour (WPT) to investment firm Element Partners.
The deal entails Element buying off Allied Esports' poker-related business and assets for an astounding amount of US$78.25 million. The company has also announced that it intends to "explore strategic options" for its esports business.
Accordi[...] Read more » Allied Esports Entertainment sells WPT for US$78 Million
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13400
they plan to release the African strain of covid, which is resistant to these "vaccines". This buyer must focus more than ever on this market and to recover the invested money. It is quite a risk for him and he needs strategies in these periods, that have affected the whole of humanity, because hard years are coming...
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13400
I don't think Allied Esports Entertainment did the right thing when it sold. They could make an alliance to win each side and in this way it might be better for both parties. I may be wrong because we happen to be disoriented and because of what we read about them. However, it is not easy when you sell something, if you cared about that...
