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Allied Esports International Incorporated completes World Poker Tour sale_1

American digital entertainments firm Allied Esports International Incorporated has announced the completion of the deal to offload the entirety of its stake in the World Poker Tour (WPT) to a newly-established entity known as Element Partners LLC.

The Nasdaq-listed firm used an official Monday press release to detail that the arrangement involving its Club Services Incorporated subordinate for an aggregated consideration of $105 million has resulted in the complete divestiture of its poker-related assets including the subscription-only domain at ClubWPT.com.

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