On July 12 of this year, a significant deal on the purchase of the “World Poker Tour” brand project by Element Partners, a large investment corporation from the United States of America, was completed. The purchase amount was one hundred and five million dollars.
Bidding was tense to the last – the Bally’s company competed with the new owner, but their rate was lower and did not suit the previous owners. On July 1st, the deal between Allied Esports Entertainment and Element Partners was approved by all shareholders.
The WPT – World of Poker Tour has been around since 2002 and is one of the most important poker tournaments in the world.