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WPT determination from Bally s Corporation
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Allied Entertainment Accepts Bally s Superior WPT Bid
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Element Deal Nixed, Bally s to Buy WPT for $90 Million
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Top Penny Stocks to Buy Now? 4 For Your Watch List This Week
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A new bidder has made a last-minute move to buy the World Poker Tour (WPT) and its parent company Allied Entertainment for $100 million.
Bally’s Corporation, owner of Dover Downs, has made a surprise $100 million bid for the WPT. (Image: Pinterest/CasinoGuidesUSA)
However, following an unexpected bid from Bally’s Corporation, that deal may be off the table.
Allied Entertainment Confirms Bally’s $100 Million Bid
News of the latest bid broke on March 5. Insider talk had suggested a new player had entered the game.
Allied Entertainment subsequently put out a press release confirming that it had received an unsolicited takeover bid.