Why Saudi Arabia is spending billions to become a global Esports power?
Saudi Arabia is betting big on the global gaming industry. It's already gobbled up Electronic Arts in a $55 billion deal and the flagship Esports World Cup is now being held outside the country -- in Paris -- for the first time. This is part of efforts to diversify away from its oil and gas driven economy.
Saudi Arabia is investing heavily in the global gaming industry as part of its efforts to diversify its economy. According to France 24, the country has made a $55 billion deal with Electronic Arts.
The Esports World Cup, a flagship event, was held outside of Saudi Arabia for the first time in Paris.
No further details about Saudi Arabia's esports plans or the economy were reported in the provided material.
Brief written by urgent.news from France 24, Gulf News, Saudi Gazette — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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