WPT® and partypoker Conclude $100 Million Guaranteed WPT World Online Championships

Sep 30, 2020

 Los Angeles, CA (September 30, 2020) The World Poker Tour® and partypoker have concluded the incredible WPT® World Online Championships series culminating in $100,746,175 awarded to players and five new WPT Champions Club members crowned.

The second online collaboration between WPT and partypoker resulted in another breakthrough series for the players with buy-ins for the WPT World Online Championships ranging from $5.50 up to $102,000.

Five players put their name on the Mike Sexton WPT Champions Cup during the festival. These names include:

The UK’s Gavin Cochrane, who opened the series by taking down the 8-Max event for $540,664.

High Roller specialist Nick Petrangelo who won the 6-Max event to add $494,550 to his career accolades.

Ireland’s Daniel Smyth turned a $33 satellite into $428,391 in the Knockout event by defeating a final table that included WPT Champion Ryan Riess.

The Mix-Max event went to Russia’s Andrey Kotelnikov, who earned $488,508 for an impressive final table performance.

Phil Mighall, also from the UK, won the largest prize of the series when he won the $10,300 buy-in WPT Main Event for $1.55 million versus a field of 1,011 entries and the largest prize pool of Season XVIII.

All WPT Champions were awarded added prizes including a Hublot watch, Everyday Baccarat Tumblers, and a $15,000 seat to the WPT Tournament of Champions presented by Baccarat Crystal, added to the prize pool by partypoker.

The WPT World Online Championships leaderboard crowned another Russian player in Artur Martirosyan.  Martirosyan’s spectacular series featured 17 cashes, 11 final tables, three wins, and $1.5 million in winnings. Among Martirosyan’s final tables included a seat in the Knockout Championship event. Martirosyan wins $50,000 for defeating tough competition, including WPT Champion Scott Margereson.

partypoker added $75,000 in total prizes to the leaderboard and $25,000 to the Rising Star leaderboard, won by Brazil’s Luiz Antonio Silva Constantino De Melo.

“The World Poker Tour congratulates the newest members to put their name on the Mike Sexton WPT Champions Cup and thanks our partners at partypoker for another incredible series,” said Adam Pliska, CEO of the World Poker Tour. “The WPT Online initiative has hit another peak and we look forward to more series in the near future.”

Hermance Blum, WPT VP Europe, said, “WPT and partypoker combined for another great series with all bankroll levels having the opportunity to play in the most prestigious events in the world. We thank the players, as always, for their support, and are already looking ahead to the next venture with partypoker.”

“We are delighted that the WPT World Online Championships has created so many success stories,” added partypoker Managing Director, Tom Waters. “The focus for the series was delivering quality, well-structured events that would give satellite players great opportunities to compete with the best players in the world and the results speak for themselves. We look forward to working with the WPT again and sticking to the values that we believe bring the best live poker events online.”

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 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

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