Casino Op Bally's Ready to Plunk Down $90M for World Poker Tour
March 17, 2021, 9:41 am · Bally’s Corporation could soon become the new owner of the World Poker Tour (WPT) as the company that currently owns it said Tuesday an offer tabled by the casino operator was superior to a bid recently made by a separate entity. One of the world’s largest poker tours is owned by Allied Esports Entertainment, a global eSports and poker entertainment company. It recently entered into a stock purchase agreement with growth equity fund Element Partners, LLC. After receiving Bally’s offer, Allied said Tuesday that its Board of Dir...
Source: casinonewsdaily.com