Allied Gaming & Entertainment Inc. (NASDAQ: AGAE) is a gaming and entertainment company that owns and operates esports venues, mobile gaming activations, and original content production. The company generates revenue through live and virtual esports tournaments, brand activations, influencer and creator events, and experiential entertainment programming. As of December 31, 2025, its flagship asset is HyperX Arena Las Vegas, an esports and immersive entertainment venue located at the Luxor Hotel in Las Vegas, Nevada. The company also operates the Allied Esports Omen Truck, a mobile gaming arena, and a content production studio. Incorporated in Delaware on May 9, 2017, originally as a blank check company under the name Black Ridge Acquisition Corp, it later operated as Allied Esports Entertainment Inc. before adopting its current name. The company is headquartered at 745 Fifth Avenue, Suite 500, New York, NY 10151. AGAE does not pay cash dividends and has stated it intends to retain available funds for operations.

Revenue model

Revenue is generated through esports tournaments, live and virtual entertainment events, brand activations, influencer and creator programming, fan engagement experiences, and original content production. The company is also developing a subscription-based esports gaming platform intended to offer subscribers the chance to win cash and prizes.

Products and services

HyperX Arena Las Vegas (esports and immersive entertainment venue at the Luxor Hotel, Las Vegas), Allied Esports Omen Truck (mobile gaming and activation arena), original content production studio (proprietary programming, livestream productions, brand activations), and a planned online esports gaming platform with sweepstakes-style tournament features.

Customers and end markets

Primary audiences are Gen Y, Gen Z, and Gen Alpha consumers. End markets include live esports entertainment, brand activation and sponsorship, digital content and livestreaming, and community gaming events.

Value-chain role

AGAE operates as a venue owner, event organizer, and content producer within the esports and gaming entertainment value chain. It hosts tournaments, produces original programming, activates brand partnerships, and is developing direct-to-consumer digital gaming products.

Geographic exposure

Primary operations are in Las Vegas, Nevada (HyperX Arena Las Vegas at the Luxor Hotel). Corporate offices are in New York, NY. The company describes its community engagement initiatives as global in scope as of the 10-K filed May 22, 2026.

Source: SEC 10-K, filed 2026-05-22

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