Esports World Cup will eventually be held in Qiddiya, an entertainment city being build in Riyadh.
Esports World Cup will eventually be held in Qiddiya, an entertainment city being build near Riyadh.
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Esports World Cup will have record-breaking prize pool of more than $60M

  • Posted byby Dean Takahashi
  • Updated
  • 6 min

The Esports World Cup announced that its prize pool for 2024 will be a record-breaking $60 million for its massive esports tournament this summer.

The largest prize pool in esports history will set the stage for the event in Riyadh, the capital of Saudi Arabia, from early July through August, said Ralf Reichert, CEO of the nonprofit Esports World Cup Foundation, in an interview with GamesBeat.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.