Saudi Arabia said on Monday, Oct. 23, it would organize an eSports World Cup starting next year, the latest boost to a sector Riyadh hopes will create tens of thousands of local jobs.
RIYADH -- "The eSports World Cup is the natural next step in Saudi Arabia's journey to become the premier global hub for gaming and eSports," the Gulf kingdom's de facto ruler, Prince Mohammed bin Salman, said in a statement.
Last year, the crown prince announced a $38 billion investment strategy for the kingdom's Savvy Games Group, owned by the deep-pocketed sovereign wealth fund.Officials also want to make Saudi Arabia"an Eden for game developers" that can produce new titles"promoting Saudi and Arabic culture", according to the national eSports strategy, targeting 30 globally competitive games produced in domestic studios by 2030.
"You can look at Gamers8 as a dry run for the eSports World Cup," said Ralf Reichert, CEO of the newly formed eSports World Cup Foundation. But the eSports World Cup"will be complemented with a diversified set of activities and events that will draw visitors and tourists to the capital, transforming it into a gaming capital", Monday's statement said.
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