Allied Gaming & Entertainment Announces Inaugural Event of Recently Formed Joint Venture

Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, today announced the debut event of its recently formed joint venture, Skyline Music Entertainment Limited (“Skyline”), hosting the opening leg of the first-ever China tour of the highly acclaimed and multiple Juno Award-winning band Walk off the Earth.

“It’s a great pleasure to work with Walk off the Earth for their China tour that will mark the band’s first performance in China and Skyline’s inaugural event,” said Yinghua Chen, Chief Executive Officer of AGAE. “Skyline was established with the vision of diversifying entertainment options for both locals and tourists alike, and we look forward to unveiling additional events in 2024 as we continue to expand our presence in the region.”

Walk off the Earth is set to perform on April 4, 2024 at the Foshan Lingnan Mingzhu Gymnasium in the Guang Dong Province, which has a capacity of nearly 10,000 people, in the first of 6 events of the band’s tour in China. Skyline played a pivotal role in facilitating this momentous occasion and will oversee talent management, show promotion, sponsorship, marketing, ticket sales and onsite event management.

Skyline Music Entertainment Limited Details

Skyline Music Entertainment Limited is a newly formed joint venture based in Macau, strategically positioned to capitalize on the burgeoning entertainment industry in the Asia market. AGAE’s wholly owned subsidiary, Allied Experiential Entertainment, Inc. (“AEE”), owns 51% of Skyline.

About Allied Gaming & Entertainment

Allied Gaming & Entertainment Inc. (Nasdaq: AGAE) is a global experiential entertainment company focused on providing a growing world of gamers with unique experiences through renowned assets, products and services. For more information, visit alliedgaming.gg.

Forward Looking Statements

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