FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  LI Yangyang
 2. Date of Event Requiring Statement (Month/Day/Year)
03/29/2021		 3. Issuer Name and Ticker or Trading Symbol
Allied Esports Entertainment, Inc. [AESE]
(Last)
(First)
(Middle)
10/F, TOWER B FAIRMONT, NO. 1 BUILDING, 33# COMMUNITY GUANGSHUN NORTH STREET		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

BEIJING, F4 000		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 0
D
 
Common Stock 11,986,523
I
Held by Primo Vital Limited (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants to purchase common stock   (2) 08/19/2024 Common Stock 3,125,640 $ 11.5 I Held by Primo Vital Limited (1)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
LI Yangyang
10/F, TOWER B FAIRMONT, NO. 1 BUILDING
33# COMMUNITY GUANGSHUN NORTH STREET
BEIJING, F4 000		   X   X    

Signatures

/s/ David Polgreen, Attorney-in-Fact 04/09/2021
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Primo Vital Limited is a wholly owned subsidiary of Ourgame International Holdings, Ltd. The Reporting Person is the Chairman and an executive director and the acting CEO of Ourgame International Holdings, Ltd. The Reporting Person may exercise voting and dispositive power over the shares beneficially owned by Primo, and disclaims any beneficial ownership in such shares except to the extent of his pecuniary interest.
(2) Currently exercisable.
 
Remarks:
Exhibit 24 - Power of Attorney attached hereto.

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