World Poker Tour® and partypoker Partner for the WPT® Online Series to Start Season XIX

Los Angeles, CA (May 7, 2021) – The World Poker Tour® opens its 19th season online with partypoker for the WPT® Online Series. The latest venture between the global partners takes place from May 14-June 2, 2021 and is highlighted by the WPT Online Series Main Event from May 23-June 2, whose winner will become…

WPT Staff
May 7, 2021

Los Angeles, CA (May 7, 2021) The World Poker Tour® opens its 19th season online with partypoker for the WPT® Online Series. The latest venture between the global partners takes place from May 14-June 2, 2021 and is highlighted by the WPT Online Series Main Event from May 23-June 2, whose winner will become the next name to go on the Mike Sexton WPT Champions Cup.

The $3,200 buy-in WPT Main Event features a $3 million guarantee and the winner will also earn a Hublot watch, along with the crowning achievement of winning the most prestigious prize in poker: a WPT title.

The first starting flight for the WPT Online Series Main Event is on May 23, followed by the second Day 1 on May 30. The final table plays on June 2 and will be live streamed.

Players can qualify for the event for as little as one cent. Phase satellites start at $3.30 leading up to a weekly final, with 15 seats guaranteed for the Main Event.

Other marquee events on the schedule include the WPT Pro Hunt on Friday, May 14. Entrants in the event can win satellite tickets to the WPT Main Event by eliminating partypoker pros including Patrick Leonard, Mikita Bodyakovskiy, Kristen Bicknell and Jaime Staples, as well as a number of other high profile names to be confirmed. The winner of the event will also earn a $3,200 WPT Main Event seat and a trophy.

In addition, the $530 buy-in Mini Main Event starts on May 15, with a $500,000 guaranteed prize pool up for grabs. Also, a $55 buy-in/$150,000 GTD Micro Main Event is available to play.

Another WPT-branded event is part of the festival alongside the WPT Main Event. WPT500 Knockout starts on May 17 and includes a sizable $1 million guarantee to go with a $530 buy-in. Day 2 kicks off on May 24 and a winner will be crowned on May 25. There are many chances to get in the action through satellites and the WPT Super50 Knockout and WPT Super5 Knockout.

Finally, WPT500 begins on May 24 and wraps on June 1, sporting yet another $1 million guarantee.

The WPT Online Series, once again, brings the feel of a live WPT event to partypoker, with a live-streamed final table, huge prizes, world-class structure, and the chance to earn a spot on the Mike Sexton WPT Champions Cup.

“Season XIX of the World Poker Tour kicks off by continuing with the impressive WPT Online program, and we thank our partners at partypoker for their support in bringing the prestige of a WPT event to the virtual space,” said Adam Pliska, CEO of the World Poker Tour.

“Players around the globe love playing WPT events on partypoker and we are thrilled to provide another exciting series,” said Hermance Blum, WPT VP Europe. “The first player to get their name on the Sexton Cup in Season XIX will be on partypoker and that is a true testament to our partnership.”

For more information about the World Poker Tour, visit WPT.com.

WPT is a subsidiary of Allied Esports Entertainment, Inc. (NASDAQ: AESE). For more information, including World Poker Tour event schedules and the tour’s latest news, visit WPT.com.

WPT Media Contact
Matt Clark – [email protected]

WPT Event Manager Europe
Joaquim Tirach – [email protected]

About World Poker Tour
World Poker Tour (WPT) is the premier name in internationally televised gaming and entertainment with brand presence in land-based tournaments, television, online, and mobile. Leading innovation in the sport of poker since 2002, WPT ignited the global poker boom with the creation of a unique television show based on a series of high-stakes poker tournaments. WPT has broadcast globally in more than 150 countries and territories, and is currently producing its 18th season, which airs on FOX Sports Regional Networks in the United States. Season XIX of WPT is sponsored by ClubWPT.com. ClubWPT.com is a unique online membership site that offers inside access to the WPT, as well as a sweepstakes-based poker club available in 43 states and territories across the United States, Australia, Canada, France and the United Kingdom. WPT also participates in strategic brand license, partnership, and sponsorship opportunities. For more information, go to WPT.com. WPT Enterprises Inc. is a subsidiary of Allied Esports Entertainment, Inc.

 

About Allied Esports Entertainment

Allied Esports Entertainment (NASDAQ: AESE) is a global esports entertainment venture dedicated to providing transformative live experiences, multiplatform content and interactive services to audiences worldwide through its strategic fusion of two powerful entertainment brands: Allied Esports and the World Poker Tour (WPT). On January 19, 2021, AESE entered into a Stock Purchase Agreement to sell the equity interests that own WPT to Element Partners, LLC once all applicable shareholder and regulatory consents have been obtained, and the other conditions to closing have been satisfied.

About partypoker

partypoker is the leading poker brand of Entain PLC, the FTSE100 company and one of the world’s largest sports-betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports Brands include bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds and Sportingbet; Gaming Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino. The Group owns proprietary technology across all of its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis. The Group has also entered into a joint-venture with MGM Resorts to capitalise on the sports-betting and gaming opportunity in the US. The Group is tax resident in the UK with licenses in more than 20 countries, across five continents.

For more information see the Group’s website: www.entaingroup.com

Forward-Looking Statements

This communication contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements may relate to future results, strategy and plans of Allied Esports Entertainment, Inc. and the World Poker Tour (collectively, the “Companies”) (including certain projections and business trends, and statements, which may be identified by the use of the words “plans”, “expects” or “does not expect”, “estimated”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “projects”, “will” or “will be taken”, “occur” or “be achieved”). Forward-looking statements are based on the opinions and estimates of management of the Companies as of the date such statements are made, and they are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, each Company’s respective revenues and operating performance, general economic conditions, industry trends, legislation or regulatory requirements affecting the business in which it is engaged, management of growth, its business strategy and plans, the result of future financing efforts and its dependence on key personnel, and the ability to retain key personnel. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. These forward-looking statements are made only as of the date hereof, and no Company undertakes any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Further information on potential factors that could affect our business is described under “Item 1A. Risk Factors” in AESE’s Annual Report on Form 10-K for the year ended December 31, 2020, as filed with the SEC on April 13, 2021.Readers are also urged to carefully review and consider the various disclosures we made in such Annual Report.

Investor Contact:

Lasse Glassen

Addo Investor Relations

[email protected]
424-238-6249

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