{"id":70,"date":"2024-06-13T04:09:59","date_gmt":"2024-06-13T01:09:59","guid":{"rendered":"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/13\/element-partners-acquires-world-poker-tour-for-78-3-million\/"},"modified":"2024-06-17T13:11:09","modified_gmt":"2024-06-17T10:11:09","slug":"element-partners-acquires-world-poker-tour-for-78-3-million","status":"publish","type":"post","link":"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/13\/element-partners-acquires-world-poker-tour-for-78-3-million\/","title":{"rendered":"Element Partners Acquires World Poker Tour for $78.3 Million"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/-6-F2d2jVtQ\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A partnership agreement has been reached between Allied Esports Entertainment and Element Partners, with the latter acquiring the World Poker Tour (WPT) for a sum of $78.3 million. <\/p>\n<p>Element will make an initial payment of $68.3 million, followed by an additional $10 million over a three-year period post-closing. Allied Esports will also retain a 5% share of entry fees generated from WPT-branded competitions. <\/p>\n<p>This divestiture will enable Allied Esports to reposition itself as a publicly traded holding entity with a focus on &#8220;digital entertainment, encompassing but not limited to real-money gaming and other gaming verticals.&#8221;<\/p>\n<p>The WPT, a prominent entity in the poker realm, organizes tournaments spanning five continents.  It commands a substantial viewership of 150 million annually through diverse broadcasting channels and boasts an aggregate prize pool of $1 billion.  Although the global health crisis necessitated a shift to primarily online operations for the WPT in 2020, it has maintained its position as a formidable presence within the poker sphere. <\/p>\n<p>Frank Ng, Chief Executive Officer of Allied Esports, recognized the WPT&#8217;s adaptability, stating, &#8220;The World Poker Tour enterprise has demonstrated its triumph in the face of pandemic-related obstacles.&#8221;<\/p>\n<p>Adam Pliska, Chief Executive Officer of the WPT, conveyed appreciation for Allied Esports&#8217; backing and expressed his optimism for the times ahead: &#8220;My leadership team and I eagerly anticipate the subsequent phase of expansion and its implications for the WPT brand and operations.&#8221; <\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"text-justify mb-2\" >A partnership agreement has been reached between Allied Esports Entertainment and Element Partners, with the latter acquiring the World Poker Tour (WPT) for a sum of $78.3 million. Element will make an initial payment of $68.3 million, followed by an additional $10 million over a [&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>WPT Sold for $78.3 Million: Element Partners Acquires Poker Giant<\/title>\n<meta name=\"description\" content=\"Big news in the poker world! Element Partners has acquired the World Poker Tour (WPT) for a whopping $78.3 million. Find out what this means for the future of WPT and Allied Esports.\" \/>\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\/13\/element-partners-acquires-world-poker-tour-for-78-3-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Element Partners Acquires World Poker Tour for $78.3 Million\" \/>\n<meta property=\"og:description\" content=\"Big news in the poker world! Element Partners has acquired the World Poker Tour (WPT) for a whopping $78.3 million. Find out what this means for the future of WPT and Allied Esports.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/13\/element-partners-acquires-world-poker-tour-for-78-3-million\/\" \/>\n<meta property=\"og:site_name\" content=\"Discover the Excitement of Licensed Online Casino Gaming\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-13T01:09:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:11:09+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\/13\/element-partners-acquires-world-poker-tour-for-78-3-million\/\",\"url\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/13\/element-partners-acquires-world-poker-tour-for-78-3-million\/\",\"name\":\"WPT Sold for $78.3 Million: Element Partners Acquires Poker Giant\",\"isPartOf\":{\"@id\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/#website\"},\"datePublished\":\"2024-06-13T01:09:59+00:00\",\"dateModified\":\"2024-06-17T10:11:09+00:00\",\"author\":{\"@id\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/#\/schema\/person\/d2acee1208245187db2c30a8d9f4067f\"},\"description\":\"Big news in the poker world! Element Partners has acquired the World Poker Tour (WPT) for a whopping $78.3 million. Find out what this means for the future of WPT and Allied Esports.\",\"breadcrumb\":{\"@id\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/13\/element-partners-acquires-world-poker-tour-for-78-3-million\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/13\/element-partners-acquires-world-poker-tour-for-78-3-million\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/13\/element-partners-acquires-world-poker-tour-for-78-3-million\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/75nodepositbonuscodesunriseslots.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Element Partners Acquires World Poker Tour for $78.3 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":"WPT Sold for $78.3 Million: Element Partners Acquires Poker Giant","description":"Big news in the poker world! Element Partners has acquired the World Poker Tour (WPT) for a whopping $78.3 million. Find out what this means for the future of WPT and Allied Esports.","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\/13\/element-partners-acquires-world-poker-tour-for-78-3-million\/","og_locale":"en_GB","og_type":"article","og_title":"Element Partners Acquires World Poker Tour for $78.3 Million","og_description":"Big news in the poker world! Element Partners has acquired the World Poker Tour (WPT) for a whopping $78.3 million. Find out what this means for the future of WPT and Allied Esports.","og_url":"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/13\/element-partners-acquires-world-poker-tour-for-78-3-million\/","og_site_name":"Discover the Excitement of Licensed Online Casino Gaming","article_published_time":"2024-06-13T01:09:59+00:00","article_modified_time":"2024-06-17T10:11:09+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\/13\/element-partners-acquires-world-poker-tour-for-78-3-million\/","url":"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/13\/element-partners-acquires-world-poker-tour-for-78-3-million\/","name":"WPT Sold for $78.3 Million: Element Partners Acquires Poker Giant","isPartOf":{"@id":"https:\/\/75nodepositbonuscodesunriseslots.icu\/#website"},"datePublished":"2024-06-13T01:09:59+00:00","dateModified":"2024-06-17T10:11:09+00:00","author":{"@id":"https:\/\/75nodepositbonuscodesunriseslots.icu\/#\/schema\/person\/d2acee1208245187db2c30a8d9f4067f"},"description":"Big news in the poker world! Element Partners has acquired the World Poker Tour (WPT) for a whopping $78.3 million. Find out what this means for the future of WPT and Allied Esports.","breadcrumb":{"@id":"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/13\/element-partners-acquires-world-poker-tour-for-78-3-million\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/13\/element-partners-acquires-world-poker-tour-for-78-3-million\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/75nodepositbonuscodesunriseslots.icu\/2024\/06\/13\/element-partners-acquires-world-poker-tour-for-78-3-million\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/75nodepositbonuscodesunriseslots.icu\/"},{"@type":"ListItem","position":2,"name":"Element Partners Acquires World Poker Tour for $78.3 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\/70"}],"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=70"}],"version-history":[{"count":1,"href":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-json\/wp\/v2\/posts\/70\/revisions"}],"predecessor-version":[{"id":80,"href":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-json\/wp\/v2\/posts\/70\/revisions\/80"}],"wp:attachment":[{"href":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-json\/wp\/v2\/media?parent=70"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-json\/wp\/v2\/categories?post=70"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/75nodepositbonuscodesunriseslots.icu\/wp-json\/wp\/v2\/tags?post=70"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}