WPT® and partypoker Announce $100 Million Guaranteed WPT® World Online Championships from July 17-September 8

Jun 12, 2020

Los Angeles, CA (June 12, 2020) The World Poker Tour® and partypoker are raising the stakes once more this summer. The WPT® World Online Championships will take place from July 17-September 8, and features $100 million guaranteed across the festival.

Five players will join the WPT Champions Club through five WPT Main Tour Online Championship events. Four of these events feature a $3,200 buy-in and a $3 million guarantee, and will play across the 8-Max, 6-Max, Mix-Max, and Knockout formats.

The $10,300 buy-in WPT World Championship Online Main Event highlights the series with a $10 million guarantee. Players can qualify for this event with satellites starting at $4.40 all the up to the $1,050 buy-in Sunday Final. In addition, players are eligible to use their partypoker LIVE Passport to enter the World Championship Online Main Event and wave the $300 registration fee.

The WPT World Online Championship Main Event starts on August 29 with the first of two Day 1 flights and will play to a winner on September 2.

All five of the WPT Main Tour Online Championship events will include a $15,000 seat to the Season XVIII WPT Tournament of Champions presented by Baccarat Crystal.

The WPT World Online Championships features a diversity of events ranging in buy-ins from $33 up to $102,000, and includes satellites for all events.

The series includes 12 championship events across the Micro, Mini, and Main categories. As part of the 12 championship events, forms of poker including 8-Max, 6-Max, Mix-Max, Knockout, Pot Limit Omaha, Pot Limit Omaha Hi-Lo, and Heads Up will be featured. There will be at least one Micro championship and Mini championship event for each respective format.

“The WPT World Online Championships brings together the World Poker Tour and partypoker together once more for what will be the largest series in both of our histories,” said Adam Pliska, CEO of the World Poker Tour. “The spectacle on display during the WPT Online Series will be heightened once more come July with another major milestone for the World Poker Tour. Five WPT Champions crowned in a single series is a first for the WPT in 18 seasons and we look forward to welcoming them all into the WPT Champions Club.”

“This is a true series for the players across the board,” said Hermance Blum, WPT VP Europe. “Limited re-entries, buy-ins at all levels, and five ways to become a WPT Champion are all highlights of the first-ever WPT World Online Championships continue to deliver the live experience online.”

“I’m delighted that we have been able to partner with WPT to revive the WPT World Championships and bring the series online for the first time,” added partypoker Managing Director, Tom Waters. “We want to give the festival more of a live event feel, so the tournaments will be structured as such, including single re-entry for all NLHE events, freezeouts, limited late registration, and limited Day 1s. Due to popular demand, players will be able to see each other’s real names at the tables.”

A full schedule for the WPT World Online Championships will be announced at a later date.

For more information about the World Poker Tour, 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 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
partypoker.com is one of the oldest, most recognised and trusted online poker brands. Launched in August 2001, partypoker.com is one of the pioneers of the online poker industry. Every day, thousands of players take a seat at our tables to enjoy cash games, generous tournament prize pools and attractive promotions.  Accessible online via web and download or on mobile with iOS and android apps, players can also experience real life partypoker events through their partnership with Dusk Till Dawn Casino, Nottingham, Playground poker club, Montreal or at other partner venues around the world.

partypoker is the leading poker brand of GVC Holding PLC (LSE: GVC), a global online gaming company. GVC Holdings PLC is a leading e-gaming operator in both b2c and b2b markets. GVC has four main product verticals and its core brands are Betboo, Sportingbet, bwin, partypoker, partycasino and Foxy Bingo. GVC acquired bwin.party digital entertainment plc on 1 February 2016. The Group is headquartered in the Isle of Man and has licenses in Austria, Belgium, France, Italy, Denmark, Germany (Schleswig-Holstein), Spain, Malta, Denmark, UK, South Africa, and the Dutch Caribbean.

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.

Investor Contact:

Lasse Glassen

Addo Investor Relations

[email protected]
424-238-6249

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