Bally’s bids for Allied Esports Entertainment

Allied Esports Entertainment, a global esports entertainment company, confirmed that it received an unsolicited proposal from Bally’s Corporation to acquire all of the outstanding equity interests of the company for a total consideration of US$100 million. The agreement would also allow Bally’s to gain control of the World Poker Tour.

Allied Esports Entertainment, Inc. Receives Proposal from Bally’s Corporation (release)