| Founded | 2017 |
|---|---|
| Closed | 2021 |
| Country | USA |
| Sector | Gaming |
| Collapse type | Fire Sale |
| Founder | Jud Hannigan |
Esports Arena (Allied Esports)
"Built a $50M+ esports arena in Las Vegas and sold it for $6.65M."
Distressed acquisition below last-round valuation
Key Events Timeline
Allied Esports International, operator of dedicated esports arenas including the HyperX Esports Arena in Las Vegas, collapsed in 2020-2021 following a failed merger attempt with Bally's Corporation and COVID-19-related venue closures.
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