Reduced expenses help Allied reduce net loss in 2023
Esports and poker operator Allied Gaming and Entertainment cut its net loss by more than half in fiscal 2023 after cutting expenses in several areas. Revenue rose 15.6% to $7.4m…
Esports and poker operator Allied Gaming and Entertainment cut its net loss by more than half in fiscal 2023 after cutting expenses in several areas. Revenue rose 15.6% to $7.4m…
Allied Gaming & Entertainment said a recent restructuring of its esports business will help the group build on its success in 2022, in which it reported a year-on-year increase in…
Allied Gaming & Entertainment narrowed its net loss by 48.7% in the first quarter of 2023 despite a decline in revenue. The first quarter was the first full quarter since…
Esports and poker operator Allied Gaming & Entertainment spoke of the potential for further growth following a rise in revenue in the second quarter and a major restructuring of its…
Esports and poker operator Allied Gaming & Entertainment has acquired a majority stake in mobile games developer Beijing Lianzhong Zhihe Technology Co. Under the agreement, Allied will pay approximately $7.0m…