Allied Esports exploring options, including possible arena sale - NewsBreak
By Yoongi in Business
Updated 3 years ago
Allied Esports is exploring options for the company's future, including possibly exiting the business and selling its HyperX Esports Arena on the Las Vegas Strip. Allied Esports Entertainment has enlisted Minneapolis-based investment banking firm Lake Street Capital Markets to advise the company on what to do with its esports business, including a potential sale, company President and CEO Claire Wu told investors on a Monday earnings call.