Saudi Arabia recently increased its investment in EA and Take-Two Interactive while pouring more money into esports as well.
The country's Public Investment Fund has alsointo Chinese esports giant VSPO.
Savvy's first public gaming investments, in January 2022, involved the purchase of two major esports organizations for $1.5 billion.The official goals for Saudi Arabia's investment in gaming include diversification of the kingdom's economy and supporting a younger population in the region. But the involvement of Saudi Crown Prince Mohammed bin Salman, who chairs the Savvy group, has elicited questions about the investment as a
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