Last-Minute Bid Could End Element Deal and See Bally’s Buy the WPT for $100 Million
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Element Partners’ bid to buy the World Poker Tour may be in jeopardy following a surprise bid from Bally’s Corporation.
Bally’s, owner of 12 casinos and racetracks across the US, wants to buy the WPT’s parent company Allied Entertainment for $100 million. (Image: Greyhound.com)
The global entertainment company made an unsolicited offer to buy the WPT’s current owner, Allied Entertainment, on Friday. The $100 million bid can be cash or a combination of cash and stocks, according to a statement from Allied Entertainment.
WPT Spring Festival Helps Tour Break New Ground pokersites.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pokersites.com Daily Mail and Mail on Sunday newspapers.
WPT Assembles All-Star Cast for Spring Festival’s International Broadcast
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The World Poker Tour is doubling down on its first mobile-only main event by adding international live streams to the mix.
Daniel Dvoress heads an international team of commentators for the WPT Spring Festival Main Event. (Image: WPT/Twitter)
Not content with targeting the burgeoning market for mobile gaming, the WPT will show its Spring Festival around the world in multiple languages.
Fans will be able to watch the final table of the $1.5 million guaranteed main event in English, Vietnamese, and German.
Pros Assemble for WPT Spring Festival
The
World Poker Tour may have been back in vintage form last month with a field of more than 1,500 turning up in Florida, but it will continue this month in decidedly non-vintage form: on an Asia-based app.
The WPT Spring Festival is set to begin today with the first of 13 numbered events as part of a series that s scheduled to stretch from Feb. 11-22.
Perhaps most interestingly, all of the tournaments will take place on the Poker King app. All of the buy-ins are denoted in Chinese yuan, and the total guarantee offered will be ¥12 million (~$1.85 million). The bulk of that comes from the
3 Penny Stocks To Buy According To These Top Analysts
This weekend we discussed the idea of penny stocks and analyst ratings. The biggest take-away is that forecasts should be just one small part of your research process. Only going by an analyst recommendation could actually pose certain risks depending on your trading strategy. But, they arenât bad to take note of when looking at the bigger picture.
In the stock market today, we see plenty of actively traded penny stocks. This can make it difficult to focus with so many big movers hitting scanners. With this in mind, itâs important to remember your trading strategy. Are you planning on day trading stocks, swing trading them, investing, etc.? The timing of your trade can dictate the type of information you look for.