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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 e

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.

Energy France 24 Aug 23, 2026

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