Savvy’s $38B plan to make Saudi Arabia a global gaming hub

Savvy Games Group (SGG) unveiled plans to invest SAR 142 billion — ~$38 billion — through 2030 to propel Saudi Arabia to the forefront of the global gaming and esports ecosystem.

The firm plans to split its investment across four different programs. About $13.3 billion will go to acquiring and developing a leading games publisher. Nearly $18.7 billion will go to minority stakes in other game publishers. Another $533 million is set aside for growing early-stage gaming and esports companies. Finally another $5.3 billion will support more mature companies that provide Savvy with strategic partnerships.