May 19, 2024

Saudi Arabia will host an annual Esports World Cup data sgp ranging from summer season subsequent 12 months.

Sports activities, esports and gaming have been a part of the crown prince’s transformation plan [Getty]

Saudi Arabia stated on Monday it was launching an annual Esports World Cup, which is able to embody the most well-liked video games on the earth and have the biggest prize pool in esports historical past.

The competitors shall be held yearly in Riyadh beginning summer season 2024, a press release from Saudi Crown Prince Mohammed bin Salman stated.

Golf equipment will compete throughout video games from numerous genres to turn into the final word Esports World Cup champion, the assertion stated.

Sports activities, esports and gaming have been a part of the crown prince’s transformation plan, referred to as Imaginative and prescient 2030, during which the federal government is pouring tons of of billions of {dollars} to diversify the dominion’s economic system and scale back its reliance on oil.

Saudi Arabia’s Savvy Video games Group, owned by sovereign wealth fund PIF, stated final 12 months it can make investments 142 billion riyals ($37.8 billion) in initiatives aimed toward making Saudi Arabia a worldwide hub for gaming.

Beneath the plan, the dominion goals to arrange 250 video games corporations regionally, which is able to create 39,000 jobs, and lift the sector’s contribution to Saudi GDP to 50 billion riyals by 2030.

“The Esports World Cup is the pure subsequent step in Saudi Arabia’s journey to turn into the premier world hub for gaming and esports, providing an unmatched esports expertise that pushes the boundaries of the business,” the crown prince was quoted within the assertion as saying.

The competitors will assist reaching Imaginative and prescient 2030 goals by boosting tourism, creating jobs and offering leisure for residents and guests, he added.


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