{"id":105,"date":"2024-06-14T17:22:02","date_gmt":"2024-06-14T14:22:02","guid":{"rendered":"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/14\/allied-esports-entertainment-sells-world-poker-tour-for-78-million\/"},"modified":"2024-06-17T13:10:45","modified_gmt":"2024-06-17T10:10:45","slug":"allied-esports-entertainment-sells-world-poker-tour-for-78-million","status":"publish","type":"post","link":"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/14\/allied-esports-entertainment-sells-world-poker-tour-for-78-million\/","title":{"rendered":"Allied Esports Entertainment Sells World Poker Tour for $78 Million"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/4j7Mc2EkSg8\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Allied Esports Entertainment has opted to divest its poker holdings, including the renowned World Poker Tour (WPT), to Element Partners, LLC. The transaction is estimated at $78 million.<\/p>\n<p>Element Partners will provide an initial payment of $68.3 million, with the balance of $10 million payable over a three-year period following the finalization of the agreement.  As a stipulation of the arrangement, Allied Esports will maintain a 5% share of entry fees generated from events carrying the WPT brand.<\/p>\n<p>This divestiture enables Allied Esports to concentrate its resources on the digital entertainment sector, encompassing online gaming and other initiatives. The company even intends to undergo a rebranding to signify this strategic shift.<\/p>\n<p>The WPT enjoys global recognition, organizing tournaments across five continents and distributing over $1 billion in winnings. Its television and online broadcasts attract over 1.5 billion viewers. Despite the pandemic compelling the WPT to primarily function online in 2020, the brand demonstrated resilience and continued to flourish.<\/p>\n<p>Allied Esports Entertainment CEO, Frank Ng, acknowledged the demanding conditions while emphasizing the WPT&#8217;s notable accomplishments.<\/p>\n<p>Adam Pliska, CEO of the WPT, conveyed his appreciation for Allied Esports&#8217; backing and expressed enthusiasm for the brand&#8217;s prospects under new stewardship. <\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"text-justify mb-2\" >Allied Esports Entertainment has opted to divest its poker holdings, including the renowned World Poker Tour (WPT), to Element Partners, LLC. The transaction is estimated at $78 million. Element Partners will provide an initial payment of $68.3 million, with the balance of $10 million payable [&hellip;]<\/p>\n","protected":false},"author":54,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>World Poker Tour Sold for $78 Million! \u2660\ufe0f\u2665\ufe0f\u2663\ufe0f\u2666\ufe0f<\/title>\n<meta name=\"description\" content=\"Big changes in the poker world! Element Partners just acquired the World Poker Tour (WPT) from Allied Esports in a massive $78 million deal. Find out what this means for the future of poker! \u2660\ufe0f\u2665\ufe0f\u2663\ufe0f\u2666\ufe0f\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/14\/allied-esports-entertainment-sells-world-poker-tour-for-78-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Allied Esports Entertainment Sells World Poker Tour for $78 Million\" \/>\n<meta property=\"og:description\" content=\"Big changes in the poker world! Element Partners just acquired the World Poker Tour (WPT) from Allied Esports in a massive $78 million deal. Find out what this means for the future of poker! \u2660\ufe0f\u2665\ufe0f\u2663\ufe0f\u2666\ufe0f\" \/>\n<meta property=\"og:url\" content=\"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/14\/allied-esports-entertainment-sells-world-poker-tour-for-78-million\/\" \/>\n<meta property=\"og:site_name\" content=\"Discover the Excitement of Licensed Online Casino Gaming\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-14T14:22:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:10:45+00:00\" \/>\n<meta name=\"author\" content=\"Isaac &quot;Impala&quot; Myers\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Isaac &quot;Impala&quot; Myers\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/14\/allied-esports-entertainment-sells-world-poker-tour-for-78-million\/\",\"url\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/14\/allied-esports-entertainment-sells-world-poker-tour-for-78-million\/\",\"name\":\"World Poker Tour Sold for $78 Million! \u2660\ufe0f\u2665\ufe0f\u2663\ufe0f\u2666\ufe0f\",\"isPartOf\":{\"@id\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/#website\"},\"datePublished\":\"2024-06-14T14:22:02+00:00\",\"dateModified\":\"2024-06-17T10:10:45+00:00\",\"author\":{\"@id\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/#\/schema\/person\/d2acee1208245187db2c30a8d9f4067f\"},\"description\":\"Big changes in the poker world! Element Partners just acquired the World Poker Tour (WPT) from Allied Esports in a massive $78 million deal. Find out what this means for the future of poker! \u2660\ufe0f\u2665\ufe0f\u2663\ufe0f\u2666\ufe0f\",\"breadcrumb\":{\"@id\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/14\/allied-esports-entertainment-sells-world-poker-tour-for-78-million\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/14\/allied-esports-entertainment-sells-world-poker-tour-for-78-million\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/14\/allied-esports-entertainment-sells-world-poker-tour-for-78-million\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Allied Esports Entertainment Sells World Poker Tour for $78 Million\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/#website\",\"url\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/\",\"name\":\"Discover the Excitement of Licensed Online Casino Gaming\",\"description\":\"Immerse yourself in the dynamic world of online gambling through our comprehensive news, detailed game reviews, and informative insights. Our licensed casino is your go-to destination.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/#\/schema\/person\/d2acee1208245187db2c30a8d9f4067f\",\"name\":\"Isaac \\\"Impala\\\" Myers\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-content\/uploads\/sites\/58\/2024\/06\/man-avatar-96x96.png\",\"contentUrl\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-content\/uploads\/sites\/58\/2024\/06\/man-avatar-96x96.png\",\"caption\":\"Isaac \\\"Impala\\\" Myers\"},\"description\":\"Holding a Bachelor's degree in Mathematics and a Master's in Sports Science, this skilled author has a passion for using mathematical modeling and sports analytics techniques to understand the dynamics of sports betting and the factors influencing athletic performance. They have expertise in probability theory, biomechanics, and sports psychology, which they apply to the analysis of sports betting markets and the development of strategies to improve betting outcomes and athlete well-being. Their articles and news pieces provide readers with a sports science perspective on the casino industry and the strategies used to promote responsible and evidence-based sports betting practices.\",\"url\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/author\/asf2314qewradf2315\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"World Poker Tour Sold for $78 Million! \u2660\ufe0f\u2665\ufe0f\u2663\ufe0f\u2666\ufe0f","description":"Big changes in the poker world! Element Partners just acquired the World Poker Tour (WPT) from Allied Esports in a massive $78 million deal. Find out what this means for the future of poker! \u2660\ufe0f\u2665\ufe0f\u2663\ufe0f\u2666\ufe0f","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/14\/allied-esports-entertainment-sells-world-poker-tour-for-78-million\/","og_locale":"en_GB","og_type":"article","og_title":"Allied Esports Entertainment Sells World Poker Tour for $78 Million","og_description":"Big changes in the poker world! Element Partners just acquired the World Poker Tour (WPT) from Allied Esports in a massive $78 million deal. Find out what this means for the future of poker! \u2660\ufe0f\u2665\ufe0f\u2663\ufe0f\u2666\ufe0f","og_url":"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/14\/allied-esports-entertainment-sells-world-poker-tour-for-78-million\/","og_site_name":"Discover the Excitement of Licensed Online Casino Gaming","article_published_time":"2024-06-14T14:22:02+00:00","article_modified_time":"2024-06-17T10:10:45+00:00","author":"Isaac \"Impala\" Myers","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Isaac \"Impala\" Myers","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/14\/allied-esports-entertainment-sells-world-poker-tour-for-78-million\/","url":"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/14\/allied-esports-entertainment-sells-world-poker-tour-for-78-million\/","name":"World Poker Tour Sold for $78 Million! \u2660\ufe0f\u2665\ufe0f\u2663\ufe0f\u2666\ufe0f","isPartOf":{"@id":"https:\/\/75nodepositbonuscodesunriseslots.icu\/#website"},"datePublished":"2024-06-14T14:22:02+00:00","dateModified":"2024-06-17T10:10:45+00:00","author":{"@id":"https:\/\/75nodepositbonuscodesunriseslots.icu\/#\/schema\/person\/d2acee1208245187db2c30a8d9f4067f"},"description":"Big changes in the poker world! Element Partners just acquired the World Poker Tour (WPT) from Allied Esports in a massive $78 million deal. Find out what this means for the future of poker! \u2660\ufe0f\u2665\ufe0f\u2663\ufe0f\u2666\ufe0f","breadcrumb":{"@id":"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/14\/allied-esports-entertainment-sells-world-poker-tour-for-78-million\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/14\/allied-esports-entertainment-sells-world-poker-tour-for-78-million\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/14\/allied-esports-entertainment-sells-world-poker-tour-for-78-million\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/75nodepositbonuscodesunriseslots.icu\/"},{"@type":"ListItem","position":2,"name":"Allied Esports Entertainment Sells World Poker Tour for $78 Million"}]},{"@type":"WebSite","@id":"https:\/\/75nodepositbonuscodesunriseslots.icu\/#website","url":"https:\/\/75nodepositbonuscodesunriseslots.icu\/","name":"Discover the Excitement of Licensed Online Casino Gaming","description":"Immerse yourself in the dynamic world of online gambling through our comprehensive news, detailed game reviews, and informative insights. Our licensed casino is your go-to destination.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/75nodepositbonuscodesunriseslots.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/75nodepositbonuscodesunriseslots.icu\/#\/schema\/person\/d2acee1208245187db2c30a8d9f4067f","name":"Isaac \"Impala\" Myers","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/75nodepositbonuscodesunriseslots.icu\/#\/schema\/person\/image\/","url":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-content\/uploads\/sites\/58\/2024\/06\/man-avatar-96x96.png","contentUrl":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-content\/uploads\/sites\/58\/2024\/06\/man-avatar-96x96.png","caption":"Isaac \"Impala\" Myers"},"description":"Holding a Bachelor's degree in Mathematics and a Master's in Sports Science, this skilled author has a passion for using mathematical modeling and sports analytics techniques to understand the dynamics of sports betting and the factors influencing athletic performance. They have expertise in probability theory, biomechanics, and sports psychology, which they apply to the analysis of sports betting markets and the development of strategies to improve betting outcomes and athlete well-being. Their articles and news pieces provide readers with a sports science perspective on the casino industry and the strategies used to promote responsible and evidence-based sports betting practices.","url":"https:\/\/75nodepositbonuscodesunriseslots.icu\/author\/asf2314qewradf2315\/"}]}},"_links":{"self":[{"href":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-json\/wp\/v2\/posts\/105"}],"collection":[{"href":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-json\/wp\/v2\/users\/54"}],"replies":[{"embeddable":true,"href":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-json\/wp\/v2\/comments?post=105"}],"version-history":[{"count":1,"href":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-json\/wp\/v2\/posts\/105\/revisions"}],"predecessor-version":[{"id":112,"href":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-json\/wp\/v2\/posts\/105\/revisions\/112"}],"wp:attachment":[{"href":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-json\/wp\/v2\/media?parent=105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-json\/wp\/v2\/categories?post=105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-json\/wp\/v2\/tags?post=105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}