Monopoly Go hits $2B in revenue just 10 months after launch
Scopely announced that Monopoly Go has generated $2 billion in revenue just 10 months after launch and three months after hitting $1 billion. The...
Saudi entertainment city Qiddiya sponsors Esports World Cup
The Esports World Cup has signed Qiddiya, Saudi Arabia’s planned entertainment city, as the tournament’s nexus partner. The global esports competition will now call...
ESL Faceit Group lays off 15% of staff 2 years after $1.5B merger
ESL Faceit Group (EFG) is laying off 15% of its global workforce in an effort to reduce organizational complexity. This translates to the esports...
Savvy Games Group to buy mobile game publisher Scopely for $4.9B
Savvy Games Group has agreed to acquire mobile game publisher and developer Scopely for $4.9 billion. The deal is the latest sign of consolidation...
ESL FACEIT Group acquires Vindex to support esports event ops
ESL FACEIT Group (EFG), the leading independent esports event organizer conglomerate, has acquired Vindex to support and expand its operations. Vindex specializes in data,...
Savvy Games Group invests $265M in China’s VSPO esports startup
Saudi Arabia’s Savvy Games Group has invested $265 million in VSPO, a Chinese esports startup specializing in tournaments, venues and production. VSPO said that...
Niko Partners: MENA-3 games market to grow 56% by 2026
Niko Partners predicts that games revenue in Saudi Arabia, the UAE and Egypt (MENA-3) will grow 56% from $1.8 billion in 2022 to $2.8...
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...