Allied Gaming & Entertainment

What Allied Gaming & Entertainment does

Allied Gaming & Entertainment Inc. (now operating as All In FutureTech Alliance Inc. under ticker AIFA on Nasdaq) is a publicly traded company undergoing a fundamental strategic transformation. The legacy business operates a global experiential entertainment platform centered on esports, with the HyperX Esports Arena Las Vegas as its flagship 30,000 sq ft venue, mobile gaming arena trucks, the Allied Esports Property Network affiliate program spanning four continents, and AE Studios content production facilities in Las Vegas and Hamburg. Proprietary tournament brands include Frags, Knockdown, Saturday Night Speedway, and Legend Series, supplemented by the World Mahjong Tour modeled after World Poker Tour.

The company monetizes through venue operations, event production, sponsorship of branded and co-branded tournaments, content production services, and tournament entry fees. Customer segments include esports players and community, brand sponsors, content creators and streamers, and educational institutions in Japan. Disclosed FY2025 revenue is $7.94 million with significant negative EBITDA, against a market capitalization of approximately $12.41 million and cash and liquid investments of approximately $50.8 million as of December 31, 2025.

In 2025-2026, the company pivoted toward AI-focused digital infrastructure under the AIFA brand, announcing a planned silicon photonics AI supercomputing center in Hainan, China (targeting 1.2 EFLOPS Phase I and 5,000-12,000 GPUs in Phase II), initiating acquisition arrangements for HyalRoute Communication Group (targeting 67-90% ownership of a Southeast Asian fiber-optic network), acquiring Saiju School in Tokyo for AI education, and launching a $300 million convertible notes financing process. New AI-sector leadership was installed with Li Shanglong as Chairman.

Name

Allied Gaming & Entertainment

Legal name

Allied Gaming & Entertainment Inc.

Website

https://alliedgaming.gg

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Allied Gaming & Entertainment (now AIFA) operates a global esports entertainment platform centered on the HyperX Esports Arena Las Vegas, mobile arena trucks, and content production, while undergoing a strategic pivot toward AI infrastructure including a planned Hainan supercomputing center and HyalRoute fiber-optic acquisition.

Ownership category

akta.pro rank

Product category

Esports Entertainment and Live Event Services

NAICS

Promoters of Performing Arts, Sports, and Similar Events with Facilities (71131)

SIC

Services-Membership Sports & Recreation Clubs (7997)

akta.pro primary industry

Esports Arenas & Stadium Venues (Purpose-Built Competitive Venues) (MPAFALAB)

akta.pro secondary industries

Esports Platforms & Competitive Gaming Networks (BPAMAKAH), Esports Venues & Event Infrastructure (Arenas, Stages, Equipment Rental) (MPAFADAE), Esports Broadcast & Production (Tournament Streaming, Observers, Remote Production) (MPAFAEAJ)

Keywords

• Esports event production
• Live gaming venues
• Tournament management services
• Gaming content production
• Esports venue operations

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Event Venue Operations: Revenue from hosting esports tournaments, live events, and experiential entertainment at HyperX Esports Arena Las Vegas and mobile arena trucks. Includes ticket sales, venue rentals, and event production fees.
2. Content Production Services: AE Studios produces original and white-label content for top brands in sports, entertainment, tech, pop culture, and gaming. Revenue from production services and content licensing.
3. Tournament and Event Sponsorships: Branded tournaments, custom events (Trovo Titans), and co-branded programs like Simon Cup generating sponsorship revenue.
4. World Mahjong Tour: Tournament entry fees, membership services model, proprietary mobile games, and content production for global Mahjong tournament series.
5. Strategic Transformation Initiatives: Planned cryptocurrency (Allied Coin), AI infrastructure investments, and digital asset platforms as part of strategic pivot from gaming/entertainment.

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core offering

Allied Gaming & Entertainment operates a global esports entertainment platform built around its flagship HyperX Esports Arena Las Vegas, a network of mobile gaming arena trucks, and the Allied Esports Property Network affiliate program. The company produces and hosts competitive esports tournaments under proprietary brands (Frags, Knockdown, Saturday Night Speedway, Legend Series, Simon Cup, Trovo Titans) and the World Mahjong Tour global series, while AE Studios delivers original and white-label gaming, sports, and entertainment content. The company is also pivoting toward AI digital infrastructure, with a planned silicon photonics supercomputing center in Hainan and an education academy in Tokyo.

Product overview

Allied Gaming & Entertainment operates as a global experiential entertainment company offering multiple interconnected products and services. The core Allied Esports business unit encompasses HyperX Esports Arena Las Vegas (the global flagship venue), Allied Esports Trucks (mobile gaming arenas), and the Allied Esports Property Network (an international venue affiliate program). Supporting the venue operations is AE Studios, the original content development and production division with studios in Las Vegas and Hamburg. The company produces competitive community and professional esports events through proprietary tournament brands (Frags, Knockdown, Saturday Night Speedway, Legend Series), co-branded programs (Simon Cup), and custom tournaments (Trovo Titans). The World Mahjong Tour represents a global tournament series modeled after the World Poker Tour. As of 2025-2026, the company is undergoing a strategic transformation toward AI-focused digital infrastructure through AIFA (All In FutureTech Alliance), including plans for the Hainan Silicon Photonics AI Supercomputing Center and the Allied International Futuretech Academy education platform.

Differentiator

Problem solved

Functional benefit

Brands

• Allied Esports: Award-winning esports business unit featuring global properties, live events, production services, and venue operations including HyperX Esports Arena Las Vegas and the Allied Esports Trucks mobile gaming arenas.
• Allied Esports Property Network
• AE Studios
• World Mahjong Tour (WMT)
• Allied International Futuretech Academy (AIFA)

Products and services

• HyperX Esports Arena Las Vegas The company's 30,000 sq ft flagship esports venue on the Las Vegas Strip, hosting professional tournaments, community events, branded activations, and live-streamed productions for top brands, esports players, and content creators.
• Allied Esports Trucks (Mobile Esports Arena Trucks) The world's first 18-wheel mobile gaming arenas, enabling pop-up esports events at any location for brands, tournament organizers, and community events.
• Allied Esports Property Network The world's first esports venue affiliate program, providing member venues across North America, Europe, China, and Australia with global venue access and network reach for esports events.
• AE Studios Content Production Services Original content development and live-streamed production services for brands across sports, entertainment, technology, pop culture, and gaming, with production studios in Las Vegas and Hamburg, Germany.
• World Mahjong Tour (WMT) Global tournament series for Mahjong combining online qualification rounds with live event finals, proprietary mobile games, content production, and a membership services model, with the inaugural WMT Premier finale scheduled for Spring 2025 at HyperX Arena Las Vegas.
• World Bar Flair Championship Proprietary live bartending competition held at HyperX Arena Las Vegas with a $25,000 prize pool, leveraging the venue's event production capabilities.
• AIFA Silicon Photonics AI Supercomputing Center Planned AI supercomputing facility in Hainan Free Trade Port, China, designed to deliver silicon photonics-enabled compute capacity with Phase I targeting approximately 1.2 EFLOPS and Phase II scaling GPU deployment from 5,000 to 12,000 units, supported by approximately $300 million in convertible notes financing.

Quantifiable outcome

• World's most recognized esports facility
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered flagship and core.

• HyalRoute Communication Group LimitedflagshipStrategic or Co-development Partner · 25 June 2026Southeast Asian fiber-optic infrastructure leader targeted for acquisition. Company initiating acquisition arrangements for remaining shares with preliminary intent covering nearly 10% of additional shares, targeting 67% to 90% of total HyalRoute shares. Represents core strategic asset for AI infrastructure transformation with $4.0 billion valuation referenced.
• Aivolution Venture FundcoreStrategic or Co-development Partner · 18 June 2026Venture fund being fully integrated into the AIFA public company platform as part of strategic implementation update.
• Co-Intelligence AcademycoreStrategic or Co-development Partner · 18 June 2026Educational/institutional partner being fully integrated into the AIFA public company platform as part of strategic implementation update.
• Saiju School (Tokyo, Japan)coreStrategic or Co-development Partner · 10 November 2025Japanese vocational high school acquired and undergoing transformation into Allied International Futuretech Academy (AIFA), focusing on technology, esport, AI, and digital media education.
• Global Mahjong AssociationcoreStrategic or Co-development Partner · 19 August 2024Supporting organization for World Mahjong Tour global tournament series, providing legitimacy and industry connections for the Mahjong tournament initiative.
• China Mahjong AssociationcoreStrategic or Co-development Partner · 19 August 2024Supporting organization for World Mahjong Tour global tournament series, providing legitimacy and industry connections for the Mahjong tournament initiative.

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• GameSquare Holdings: North American esports media, content, and event company (FaZe Clan, Complexity Gaming) with operations spanning content production and tournament organization. Comparable to Allied's combination of venue + content + community operations.
• PGL Esports: Romanian-headquartered esports tournament production company running major CS:GO and Dota 2 events with full broadcast and venue infrastructure. Comparable to Allied's AE Studios + live event production capability at HyperX Arena Las Vegas.
• ESL FACEIT Group: World's largest esports tournament and league operator (ESL Pro League, DreamHack, FACEIT), with owned venues and event production infrastructure. Directly comparable to Allied's Allied Esports Property Network + tournament IP portfolio (Frags, Knockdown, Legend Series).
• Nerd Street Gamers: US-based operator of a network of dedicated esports facilities and competitive gaming venues (Localhost network). Directly comparable to Allied Esports Property Network's affiliate venue model and mobile arena trucks.
• BLAST Premier: Global Counter-Strike tournament organizer producing large-scale arena esports events worldwide. Comparable to Allied's proprietary tournament brands (Frags, Knockdown, Legend Series) and Simon Cup co-branded event formats.
• OverActive Media Corp: Toronto-listed operator of dedicated esports venues (Toronto's Overwatch Arena-equivalent) and an esports franchise owner. Most directly comparable as a publicly-traded esports venue operator with similar flagship-arena + multi-region ambitions.

Emerging players

• FaZe Holdings: Public esports and gaming lifestyle organization competing across content, competitive teams, and brand partnerships. Adjacent comparator for Allied's tournament + content + brand sponsorship stack (Trovo Titans, Simon Cup).
• Applied Digital: US-listed AI/HPC data center operator building large-scale GPU compute facilities for AI and high-performance computing customers. Comparable to the planned AIFA Hainan Silicon Photonics AI Supercomputing Center as a peer in the new AI infrastructure direction of Allied/AIFA.

Broad incumbents

• Epic Games: Fortnite publisher and former Fortnite World Cup operator with massive prize pools and built-in competitive infrastructure. Broad incumbent comparable to Allied in operating large-scale, brand-driven esports tournament IP.
• Riot Games: Publisher of League of Legends and Valorant and operator of the global LoL/Valorant esports circuit including purpose-built LCS Studios. Broad incumbent operating its own venue-and-league stack that competes for the same tournament economics as Allied.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AlliedEsportsEU

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Allied Gaming & Entertainment