SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
X	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* DeCubellis Kenneth (Last) (First) (Middle) 110 NORTH 5TH STREET SUITE 410 (Street) MINNEAPOLIS MN 55403 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Allied Esports Entertainment, Inc. [ AESE ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 08/10/2020
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/10/2020		J(3)		436,002	D	(3)	2,417,530	I	By Black Ridge Oil & Gas Inc(1)
Common Stock	08/10/2020		S(2)		113,000	D	$2.0191(2)	2,304,530	I	By Black Ridge Oil & Gas Inc(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* DeCubellis Kenneth (Last) (First) (Middle) 110 NORTH 5TH STREET SUITE 410 (Street) MINNEAPOLIS MN 55403 (City) (State) (Zip)

1. Name and Address of Reporting Person* Black Ridge Oil & Gas, Inc. (Last) (First) (Middle) 110 NORTH 5TH STREET, SUITE 410 (Street) MINNEAPOLIS MN 55403 (City) (State) (Zip)

Explanation of Responses:

1. Mr. DeCubellis, as Chief Executive Officer and Interim Chief Financial Officer of Black Ridge Oil & Gas, Inc. ("Black Ridge") exercises voting and dispositive power over such shares. Mr. DeCubellis disclaims beneficial ownership of such shares except to the extent of his ultimate pecuniary interest.

2. On August 10, 2020 Black Ridge distributed 436,002 shares of its holdings of the Issuer's shares to officers, directors and certain employees pursuant to the 2018 Stock Management Incentive Plan dated March 6, 2018 (the "MIP").

3. The sale of the Issuer's shares reflected in Column 4 was made pursuant to a Rule 10b5-1 trading plan entered into by Black Ridge on June 15, 2020. Of the shares sold, 101,098 shares were sold on behalf of the employees in order to cover payroll tax withholdings and the remaining 11,902 shares were sold by Black Ridge to fund the employer's portion of payroll taxes, each in connection with the distributions pursuant to the MIP, as discussed in footnote (2) above.

	/s/ Kenneth DeCubellis	08/12/2020
	/s/ Kenneth DeCubellis, as CEO and Interim CFO of Black Ridge Oil & Gas, Inc.	08/12/2020
	** Signature of Reporting Person	Date
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