Chinese firm Ourgame acquired World Poker Tour for $35 million
Ourgame International Holdings, a Hong Kong-listed social gaming company with a market capitalization of $733 million, has acquired World Poker Tour, an internationally televised gaming firm, for $35 million.
World Poker Tour broadcasts globally in more than 150 countries. Last year World Poker Tour reported total revenue of €10.4m. Headquartered in Beijing, Ourgame is established in 1998, has approximately 100 million register users, and has 700 employees.
To see a list of investors from China similar to Ourgame International Holdings, check the Chinese Investors Directory.
More details follows
Previous Post: Chinese investors acquired UK hotel chain for $620 million
Next Post: Chinese firm acquired US-based World Triathlon Corp for $650 million