The CEO of Allied Esports Entertainment said the company is looking to figure out a way “to achieve a more asset-light approach to tackle this market.”
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Whether it’s tough regulation, fear of corruption among players or simply a lack of interest, esports wagering hasn’t taken off the way proponents thought it would.
The company that operates the HyperX Esports Arena at Luxor has a new name, is trading on Nasdaq and is collaborating with mall developer Simon Property Group.