World Poker Tour® Announces WPT® Online Poker Open Powered by partypoker US Network

Jun 10, 2020

Los Angeles, CA (June 10, 2020) – The World Poker Tour® continues to expand its growing network of online events by combining three of the strongest brands in poker: WPT®, BorgataPoker.com and partypoker, to announce the WPT Online Poker Open powered by partypoker US Network.

The WPT Online Poker Open powered by partypoker US Network will take place on Sunday, June 28.  The event is an exclusive tournament for the New Jersey network of online players and features a $400 buy-in with a $300,000 guaranteed prize pool, open to any eligible player in the state of New Jersey.   Players may participate in the tournament through either BorgataPoker.com, BetMGMPoker.com or NJ.PartyPoker.com, and must physically be in New Jersey to register and play in the tournament.

Players can qualify for the WPT Online Poker Open powered by partypoker US Network starting at $5, with four qualifiers taking place each day.  In addition, for each day until the main event takes place on June 28, a $45 daily satellite at 7:30 pm ET will take place on the partypoker US Network.

“WPT and partypoker US Network are coming together to provide the New Jersey network of online players the opportunity to compete in a world-class event and take part in a familiar WPT experience,” said Angelica Hael, VP of Global Tour Management for the World Poker Tour. “We look forward to our first event with partypoker US Network and a great start to a long-term partnership.”

Players can look forward to a tournament filled with the staples of a World Poker Tour event, including live updates, a VIP experience for the winner, and an official WPT trophy.

“We continually strive to offer opportunities for players to enjoy the game they love on a safe, secure and hassle-free network,” stated Ray Stefanelli, Director of Poker for partypoker US Network. “We are excited to combine the prestige of WPT with the offering of our poker network to provide a championship-caliber trophy event to players in New Jersey.”

Along with the prize money, the tournament winner will receive a Champion’s Trophy and will be invited to a World Poker Tour VIP experience in Las Vegas. As an added bonus, the winner will receive an $11,000 package which includes entry into the next WPT in-person live event, the WPT Five Diamond World Poker Classic, which will take place at Bellagio in Las Vegas ($10,400 buy-in), plus $600 in cash towards travel expenses.

For more information about the WPT Online Poker Open, powered by partypoker US Network, and for details on how to sign up for the tournament visit www.WPT.com.

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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 XVIII 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). Allied Esports Entertainment was created in August 2019 when Black Ridge Acquisition Corp. completed its business combination with Allied Esports and WPT Enterprises.

About partypoker US Network

partypoker US Network is part of the ROAR Digital portfolio and powers partypokerNJ, BetMGM and Borgata Poker. ROAR Digital is an online gaming joint venture owned by MGM Resorts International and GVC Holdings. For more information on ROAR Digital visit www.roardigital.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.

MEDIA CONTACTS

World Poker Tour
Matt Clark

[email protected]

partypoker US Network

Elisa Richardson

[email protected]

Investor contact:

Lasse Glassen

Addo Investor Relations

[email protected]
424-238-6249

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