Allied Esports Entertainment Inc

Allied Gaming & Entertainment, Inc. is an esports entertainment company, which engages in the creation of esports venues and live events for both video games and poker. It operates through the following segments: Poker, Gaming & Entertainment and E-Sports. The Poker, Gaming & Entertainment segment provides televised gaming and entertainment, land-based poker tournaments, and online and mobile poker applications through World Poker Tour (WPT). The E-Sports segment provides multiplayer video game competitions through Allied Esports. The company was founded on May 9, 2017 and is headquartered in New York, NY.

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Allied Gaming & Entertainment, Inc. operates as an experiential entertainment company, which engages in the creation of esports venues and live events for both video games and poker. The company was founded in 2017 and is headquartered in New York, NY.

AGAE has over $80 million in current assets, $11 million in total liabilities, and a market cap of $41 million. After exploring merger and acquisition opportunities, the corporate entity has rebranded and shuffled leadership again.

Allied Esports Entertainment: Like Buying A $1 Lottery Ticket For 59 Cents

Allied Esports renewed its naming rights deal for the HyperX Arena located inside the Luxor Hotel on the Las Vegas Strip.

Allied Esports renews naming rights for HyperX Arena in Las Vegas

Allied Gaming & Entertainment Inc

NEW YORK--( BUSINESS WIRE )--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE), f/k/a Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the “Company” or “AGAE”), a global experiential entertainment company, today announced the conclusion of its previously announced strategic review process. The strategic review was overseen by the Company's Board of Directors and included the assistance of The Benchmark Company, which served as the Company's exclusive financial advisor in connection with a potential business combination transaction. After carefully considering possible alternatives, the Company has determined that its shareholders' interests will be best served by restructuring its existing esports business operations and expanding its focus to include a broader array of entertainment and gaming products and services in lieu of seeking a single business combination transaction.

Allied Esports Entertainment Announces Conclusion of Strategic Review Process and Rebranding

NEW YORK--( BUSINESS WIRE )--Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the “Company”), a global esports entertainment company, today announced that the Company's Board of Directors (the “Board”) has authorized a stock repurchase program of up to $10 million of its outstanding shares of common stock. The manner, timing and amount of any purchase will be based on an evaluation of market conditions, stock price and other factors.

Allied Esports Entertainment Board of Directors Authorizes $10 Million Stock Repurchase Program

NEW YORK--( BUSINESS WIRE )--Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the “Company” or “AESE”), a global esports entertainment company, today announced financial results for the third quarter ended September 30, 2022. This release refers to “continuing” and “discontinued” operations due to the sale of the Company's subsidiaries owning and operating its poker-related business, the World Poker Tour® (“World Poker Tour,” or “WPT®”) on July 12, 2021. Unless otherwise noted, results presented in this release relate to the continuing operations of the Company and its Allied Esports business, and excludes the operations of the World Poker Tour, which are classified as discontinued operations of the Company.

Allied Esports Entertainment Announces Third Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the “Company”), a global esports entertainment company, today announced that the Company's Board of Directors (the “Board”) has appointed Yinghua Chen as Chief Executive Officer. Ms. Chen had previously served as the Company's President, Chief Investment Officer and Board Secretary. Given Ms. Chen's additional responsibilities, Ms. Chen will no longer serve the Company as Chief Investment Officer or Board Secretary, a

Allied Esports Entertainment Board of Directors Appoints Yinghua Chen Chief Executive Officer

LAS VEGAS--(BUSINESS WIRE)--The American Red Cross and Allied Esports, a global esports entertainment company and a subsidiary of Allied Esports Entertainment, Inc. (NASDAQ: AESE), have teamed up to produce the second annual Rescue Royale charity stream-a-thon and esports tournament to engage the gaming community in giving back to help people impacted by disasters of all sizes. Starting today, registration will open for the Rescue Royale Halo Infinite Tournament as well as the month-long stream

American Red Cross and Allied Esports Roll Out Year Two of Rescue Royale Fundraiser

NEW YORK--(BUSINESS WIRE)--Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the “Company” or “AESE”), a global esports entertainment company, today announced financial results for the second quarter ended June 30, 2022, as well as an update on key business initiatives. This release refers to “continuing” and “discontinued” operations due to the sale of the Company's subsidiaries owning and operating its poker-related business, the World Poker Tour® (“World Poker Tour,” or “WPT®”) on July 12,

Allied Esports Entertainment Announces Second Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the “Company” or “AESE”), a global esports entertainment company, today announced financial results for the first quarter ended March 31, 2022, as well as an update on key business initiatives. This release refers to “continuing” and “discontinued” operations due to the sale of the Company's subsidiaries owning and operating its poker-related business, the World Poker Tour® (“World Poker Tour,” or “WPT®”) on July 12,

Allied Esports Entertainment Announces First Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the “Company” or “AESE”), a global esports entertainment company, today announced financial results for the fourth quarter and fiscal year ended December 31, 2021, as well as an update on key business initiatives. This release refers to “continuing” and “discontinued” operations due to the sale of the Company's subsidiaries owning and operating its poker-related business, the World Poker Tour® (“World Poker Tour,” or

Allied Esports Entertainment Announces Fourth Quarter and Full Year 2021 Financial Results

NEW YORK--(BUSINESS WIRE)--Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the “Company” or “AESE”), a global esports entertainment company, today filed a Current Report on Form 8-K with the Securities and Exchange Commission (the "SEC") announcing the Company's receipt of a letter from the Listing Qualification Department of Nasdaq on May 19, 2022 notifying the Company that because the Company has not yet filed its Form 10-Q for the period ended March 31, 2022, and because the Company remai

Allied Esports Entertainment Receives Notification from Nasdaq Related to Delayed Quarterly Report On Form 10-Q

IRVINE, Calif.--(BUSINESS WIRE)--Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the “Company”), a global esports entertainment company, today announced it will report its fourth quarter and full year 2021 results (and anticipates filing its Form-10-K for the period ending 12/31/21) after market close on Wednesday, May 25, 2022. The Company will also host a conference call that day to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET. Participants may join the conference call by dialing 1-8

Allied Esports Entertainment to Report Fourth Quarter and Full Year 2021 Results on Wednesday, May 25th

NEW YORK--(BUSINESS WIRE)--Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the “Company” or “AESE”), a global esports entertainment company, today filed a Current Report on Form 8-K with the Securities and Exchange Commission (the "SEC") announcing the Company's receipt of a notice (the "Notice") from Nasdaq notifying the Company that the Company is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) (the "Rule") as a resu

Allied Esports Entertainment Receives Notification from Nasdaq Related to Delayed Annual Report on Form 10-K

Allied Esports is attempting an exit from the Esports business and is seeking acquisition or merger opportunities.

Allied Esports Entertainment: Like Buying A $1 Lottery Ticket For 75 Cents

IRVINE, Calif.--(BUSINESS WIRE)--Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the “Company”), a global esports entertainment company, today announced that the Company intends to file with the U.S. Securities and Exchange Commission a Form 12b-25 to extend until April 15, 2022 the due date for filing the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021. Commenting on today's announcement, Roy Anderson, the Company's Chief Financial Officer, noted, “Despite o

Allied Esports Entertainment Announces Extension to File Form 10-K

IRVINE, Calif.--(BUSINESS WIRE)--Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the “Company”), a global esports entertainment company, today announced it will report its fourth quarter and full year 2021 results after market close on Wednesday, March 30, 2022. The Company will also host a conference call that day to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET. Participants may join the conference call by dialing 1-877-407-0792 (United States) or 1-201-689-8263 (international). A liv

Allied Esports Entertainment to Report Fourth Quarter and Full Year 2021 Results on Wednesday, March 30

LAS VEGAS--(BUSINESS WIRE)--AE Studios, the content development, storytelling and production services arm of Allied Esports, a global esports entertainment company and a subsidiary of Allied Esports Entertainment, Inc. (NASDAQ: AESE), has announced the debut of ELEVATED Presented by Progressive Insurance, an all-new original content series designed to help up-and-coming Twitch streamers break through the clutter, get discovered and grow their audiences. Premiering tonight at 5 p.m. PT on the Tw

AE Studios Introduces ELEVATED Presented by Progressive Insurance® to Help Up-and-Coming Streamers Get Discovered

NEW YORK--(BUSINESS WIRE)--Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the “Company”), a global esports entertainment company, today announced that Libing (Claire) Wu has resigned as Chief Executive Officer, effective February 18, 2022. The Company's Board of Directors (“the Board”) also announced the immediate appointment of Lyle Berman, the Company's co-Chairman, as Interim Chief Executive Officer, and Mr. Berman relinquished his position as President. Mr. Berman has served as a direct

Allied Esports Entertainment Announces Changes to Senior Management and Board of Directors

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IRVINE, Calif.--(BUSINESS WIRE)--Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the “Company” or “AESE”), a global esports entertainment company, today announced that it has engaged The Benchmark Company, LLC (“Benchmark”) to serve as the Company's exclusive financial advisor in connection with a potential business combination transaction. As previously announced, the Company is actively pursuing opportunities to invest the cash on its balance sheet to acquire or merge with an existing busi

Allied Esports Entertainment Announces Engagement of Investment Banking Firm Benchmark to Provide Financial Advisory Services

Here is how Allied Esports (AESE) and Brunswick (BC) have performed compared to their sector so far this year.

Is Allied Esports (AESE) Outperforming Other Consumer Discretionary Stocks This Year?

LAS VEGAS--(BUSINESS WIRE)--Allied Esports, a global esports entertainment company and a subsidiary of Allied Esports Entertainment, Inc. (NASDAQ: AESE), today announced that the Allied Esports Truck, North America's first and only 18-wheel mobile gaming truck, is set to appear at the College Football Playoff Semifinal at the 86th Goodyear Cotton Bowl Classic featuring No. 1 Alabama and No. 4 Cincinnati on December 31 at AT&T Stadium in Arlington, TX. The special eNASCAR Arcade activation w

Allied Esports Truck Featuring eNASCAR Arcade Set to Appear at College Football Playoff Semifinal at the 86th Goodyear Cotton Bowl Classic

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