Bally’s to acquire Allied Esports Entertainment for $100m.

Synopsis

Bally’s, a firm that owns and manages hotels that offers amenities such as casinos, retail outlets, sports bars, pubs, dining, food court, and accommodation, offered to acquire Allied Esports Entertainment, an esports entertainment company, for $100m.

Principals

target

Allied Esports Entertainment

bidder

Bally's Corporation

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Market Context

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Seller Team (2)

lasse glassen

Addo Investor Relations

PR Consultant

target

Deals

£ 7.19 B

Total Value

frank ng

CEO at ALLIED ESPORTS ENTERTAINMENT

Manager

target

Deal

£ 72 M

Total Value

Bidder Team (2)

george papanier

President and CEO at BALLY'S CORPORATION

Manager

bidder

Deals

£ 3.70 B

Total Value

robert profusek

Global Chair of M&A at Jones Day

Lawyer

bidder

Deals

£ 35.52 B

Total Value

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