Allied Esports
AESE
Communication Services
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Allied Gaming & Entertainment operates a business centered on esports betting and gambling entertainment. The company, formerly known as Allied Esports Entertainment Inc., generates revenue from proprietary productions and events that facilitate online betting on competitive gaming. Its properties and live events are designed to serve as platforms for gambling activities, including specific tournaments marketed as esports betting opportunities.
The company's operations include online events and productions that function as long-term revenue streams from gambling-related activities. This business model is integral to the company, as evidenced by its pivot to online events during the COVID-19 pandemic to sustain its gambling-linked operations. Allied Gaming & Entertainment’s content and events cover various aspects of online betting, positioning the company within the gambling industry.
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
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