{"id":32,"date":"2024-06-11T10:58:04","date_gmt":"2024-06-11T07:58:04","guid":{"rendered":"https:\/\/slotmadness100nodepositbonuscodes.icu\/2024\/06\/11\/element-partners-acquires-world-poker-tour-for-105-million\/"},"modified":"2024-06-12T10:51:39","modified_gmt":"2024-06-12T07:51:39","slug":"element-partners-acquires-world-poker-tour-for-105-million","status":"publish","type":"post","link":"https:\/\/slotmadness100nodepositbonuscodes.icu\/2024\/06\/11\/element-partners-acquires-world-poker-tour-for-105-million\/","title":{"rendered":"Element Partners Acquires World Poker Tour for $105 Million"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/4pC3_Nkqi5w\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Element Partners has acquired the World Poker Tour (WPT) from Allied Esports.<\/p>\n<p>A prominent fixture in the poker community, the esteemed tournament enjoys broadcast distribution in over 150 countries.  The WPT&#8217;s 18th season was televised on Fox Sports Regional Networks throughout the United States.<\/p>\n<p>Given the green light by Allied Esports stakeholders on July 1, 2021, the transaction yielded a substantial $105 million.  This acquisition provides Element Partners with full control of all legal entities associated with the WPT and its corresponding poker activities.<\/p>\n<p>In the wake of the sale, Allied Esports declared its intention to expand its esports ventures utilizing the capital influx generated by the agreement.<\/p>\n<p>Frank Ng, Chief Executive Officer of Allied Esports Entertainment, lauded the sale as a &#8220;historic occasion&#8221; and an exhilarating new phase for both entities. He extended his felicitations to Adam Pliska and the entire WPT staff as they commence this fresh endeavor. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Element Partners has acquired the World Poker Tour (WPT) from Allied Esports. A prominent fixture in the poker community, the esteemed tournament enjoys broadcast distribution in over 150 countries. The WPT&#8217;s 18th season was televised on Fox Sports Regional Networks throughout the United States. Given the green light by Allied Esports stakeholders on July 1, [&hellip;]<\/p>\n","protected":false},"author":103,"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 Acquired by Element Partners for $105 Million<\/title>\n<meta name=\"description\" content=\"The World Poker Tour (WPT), a major player in the poker world, has been acquired from Allied Esports by Element Partners in a deal worth $105 million. 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