Allied Esports Entertainment (AESE) Tops Q1 EPS by 1c

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Allied Esports Entertainment Announces First Quarter 2021 Financial Results

May 24, 2021 4:05 PM EDT

IRVINE, Calif.--(BUSINESS WIRE)-- Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the Company or AESE), a global esports entertainment company, today announced financial results for the first quarter ended March 31, 2021, as well as an update on several key business initiatives. This release refers to continuing and discontinued operations due to the pending sale of the Companys subsidiaries owning and operating its poker-related business, the World Poker Tour® (World Poker Tour, or WPT®), which is expected to close in the second or third quarter of 2021. Therefore, unless otherwise noted, results presented in this release relate to the continuing... More