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Saudi Arabia’s Public Investment Fund Is Looking To Invest $38 Billion In The Games Industry

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Savvy Gaming Group CEO Brian Ward says Saudi Arabia’s Public Investment Fund is looking to invest $38 billion in the games industry & Savvy Games Group invested $265 million in VSPO.

VSPO said that Savvy Games Group, owned by Saudi Arabia’s Public Investment Fund, will now become VSPO’s single largest equity holder.  

VSPO’s CEO, Dino Ying, said they plan to use the funding to expand its global business operations. 

Savvy Gaming Group CEO, Brian Ward, stated: 

“We are now more of an esports company than a games company. What we’re doing this year is focusing more on game publishing and development.”

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