“World Poker Tour has been around for 18 years: We did it slightly differently,” CEO Frank Ng tells TheWrap
Since going public last year, Allied Esports Entertainment Inc. failed to turn a profit, but its new esports business could be a tipping point for the 4-year old company.
Allied oversees two businesses — the World Poker Tour and Allied Esports, which organizes multiplayer gaming events and operates esports venues across the country and in Europe. Allied Esports’ main stateside facility is the HyperX Arena, located inside the Luxor Casino in Las Vegas. The Vegas facility was closed as of Friday in response to the coronavirus threat, and the company is setting up a remote broadcast facility.