{"id":10,"date":"2024-06-10T08:37:21","date_gmt":"2024-06-10T05:37:21","guid":{"rendered":"https:\/\/slotscapitalcasino.icu\/2024\/06\/10\/allied-esports-ditches-element-for-lucrative-ballys-deal\/"},"modified":"2024-06-11T10:26:32","modified_gmt":"2024-06-11T07:26:32","slug":"allied-esports-ditches-element-for-lucrative-ballys-deal","status":"publish","type":"post","link":"https:\/\/slotscapitalcasino.icu\/2024\/06\/10\/allied-esports-ditches-element-for-lucrative-ballys-deal\/","title":{"rendered":"Allied Esports Ditches Element for Lucrative Bally&#8217;s Deal"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/TJ4OgIFOA-c\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Esports and poker enterprise, Allied Esports Entertainment, financially supported by Chinese firm Ourgame International, has opted out of their acquisition contract with Element Partners. In its place, they are pursuing what they&#8217;ve labeled a &#8220;superior proposition&#8221; from Bally&#8217;s Corporation.<\/p>\n<p>The initial agreement, established in January 2021, would have resulted in Element obtaining Allied&#8217;s poker holdings, including the renowned World Poker Tour, for a substantial $78.3 million USD. The payment structure involved a significant initial payment with the balance distributed over a three-year period.<\/p>\n<p>Nevertheless, Bally&#8217;s presented an unexpected offer of $100 million, a considerable increase. This revised proposal, with a large portion payable in cash, piqued Allied&#8217;s interest, prompting them to consider it the more favorable arrangement.<\/p>\n<p>Although Element has a limited opportunity to enhance their offer, it appears Allied is prepared to proceed with a potentially profitable collaboration with Bally&#8217;s.  Naturally, there&#8217;s no assurance this new agreement will be concluded, but it&#8217;s undoubtedly a significant development in the realm of esports and digital gaming. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Esports and poker enterprise, Allied Esports Entertainment, financially supported by Chinese firm Ourgame International, has opted out of their acquisition contract with Element Partners. In its place, they are pursuing what they&#8217;ve labeled a &#8220;superior proposition&#8221; from Bally&#8217;s Corporation. The initial agreement, established in January 2021, would have resulted in Element obtaining Allied&#8217;s poker holdings, [&hellip;]<\/p>\n","protected":false},"author":16,"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>Allied Esports Ditches Element, Chooses<\/title>\n<meta name=\"description\" content=\"Esports and poker giant Allied Esports Entertainment has backed out of its acquisition deal with Element Partners, opting instead for a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/slotscapitalcasino.icu\/2024\/06\/10\/allied-esports-ditches-element-for-lucrative-ballys-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Allied Esports Ditches Element for Lucrative Bally&#039;s Deal\" \/>\n<meta property=\"og:description\" content=\"Esports and poker giant Allied Esports Entertainment has backed out of its acquisition deal with Element Partners, opting instead for a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/slotscapitalcasino.icu\/2024\/06\/10\/allied-esports-ditches-element-for-lucrative-ballys-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"Elevate Your Casino Experience | Licensed, Secure &amp; Exciting\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-10T05:37:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:26:32+00:00\" \/>\n<meta name=\"author\" content=\"Isabella &quot;Ivy&quot; Martin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Isabella &quot;Ivy&quot; Martin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/slotscapitalcasino.icu\/2024\/06\/10\/allied-esports-ditches-element-for-lucrative-ballys-deal\/\",\"url\":\"https:\/\/slotscapitalcasino.icu\/2024\/06\/10\/allied-esports-ditches-element-for-lucrative-ballys-deal\/\",\"name\":\"Allied Esports Ditches Element, Chooses\",\"isPartOf\":{\"@id\":\"https:\/\/slotscapitalcasino.icu\/#website\"},\"datePublished\":\"2024-06-10T05:37:21+00:00\",\"dateModified\":\"2024-06-11T07:26:32+00:00\",\"author\":{\"@id\":\"https:\/\/slotscapitalcasino.icu\/#\/schema\/person\/6c4602d1dfbc35a0e537828b24bc564e\"},\"description\":\"Esports and poker giant Allied Esports Entertainment has backed out of its acquisition deal with Element Partners, opting instead for a\",\"breadcrumb\":{\"@id\":\"https:\/\/slotscapitalcasino.icu\/2024\/06\/10\/allied-esports-ditches-element-for-lucrative-ballys-deal\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/slotscapitalcasino.icu\/2024\/06\/10\/allied-esports-ditches-element-for-lucrative-ballys-deal\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/slotscapitalcasino.icu\/2024\/06\/10\/allied-esports-ditches-element-for-lucrative-ballys-deal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/slotscapitalcasino.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Allied Esports Ditches Element for Lucrative Bally&#8217;s Deal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/slotscapitalcasino.icu\/#website\",\"url\":\"https:\/\/slotscapitalcasino.icu\/\",\"name\":\"Elevate Your Casino Experience | Licensed, Secure &amp; Exciting\",\"description\":\"Discover a world of online casino excitement through our fresh industry news, honest game reviews, and expert articles. 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