Saudi crown prince launches Esports World Cup

Saudi Arabia’s Crown Prince Mohammed bin Salman on Monday announced the launch of the Esports World Cup to be held annually in Riyadh starting summer 2024. (SPA)
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Updated 23 October 2023
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Saudi crown prince launches Esports World Cup

  • Body formed to increase collaboration between stakeholders

RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman on Monday announced the launch of the Esports World Cup to be held annually in Riyadh starting summer 2024.

Touted to be the largest global event of its kind, it will serve as a platform that supports the gaming and esports sector and consolidates Saudi Arabia’s position as a hub for international esports.

The launch of the tournament is expected to materialize the goals envisioned in Saudi Arabia’s National Gaming and Esports Strategy. The strategy aims to increase the sector’s contribution to the Kingdom’s gross domestic product by more than SR50 billion ($13.3 billion) by 2030 and create 39,000 new job opportunities.

The crown prince also announced the establishment of the Esports World Cup Foundation, a nonprofit organization to increase collaboration between esports stakeholders.

These developments were announced during “The New Global Sports Conference” in the Saudi capital, said a press release.

“The Esports World Cup is the natural next step in Saudi Arabia’s journey to become the premier global hub for gaming and esports, offering an unmatched esports experience that pushes the boundaries of the industry,” said the crown prince. 

He added: “The competition will enhance our progress toward realizing the Vision 2030 objectives of diversifying the economy, growing the tourism sector, creating new jobs in various industries, and providing world-class entertainment for citizens, residents, and visitors alike.” 

Developing the esports sector is very crucial for Saudi Arabia, as the Kingdom is steadily diversifying its economy in line with the goals outlined in Vision 2030. 

The annual esports event is also expected to increase the tourist inflow to the Kingdom. 

The Esports World Cup will feature several popular games across various genres, and the tournament also boasts to provide the largest prize pools for winners ever offered in esports history. Moreover, the event will be complemented by a diversified set of activities and events for people who visit the event. 

The press statement added that the Esports World Cup Foundation will reveal more details about the event in the initial months of 2024. 


RTS acquires Evo to strengthen Qiddiya’s vision for gaming and esports

Updated 20 February 2026
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RTS acquires Evo to strengthen Qiddiya’s vision for gaming and esports

  • QIC’s talent management and brand consultancy company has purchased the fighting game competition

RIYADH: Qiddiya City has taken another step in advancing its long-term vision for gaming and esports after its gaming talent management and brand consultancy company, RTS, completed the acquisition of the Evolution Championship Series, Evo.

RTS, which acquired Evo — the world’s most established and influential fighting game competition — from Nodwin Gaming, was founded in 2021 and acquired by Qiddiya Investment Company in September 2025.

QIC, the company driving the development of Qiddiya City, is home to what is set to be the world’s first dedicated Gaming and Esports District and this agreement reinforces its commitment to community-driven play as pillars of its destination strategy, said Muhannad Al-Dawood, chief strategy officer of QIC.

Al-Dawood added: “Evo is a global gaming institution, built on community, competition and creativity. Through RTS and Qiddiya City, we are committed to supporting Evo’s long-term growth in a way that respects its heritage and strengthens its role within the global Fighting Game Community. This is about investing in the future of play, and safeguarding what makes Evo special.”

Founded more than 20 years ago, Evo has grown from a grassroots tournament into the world’s largest fighting game event, sitting at the heart of the worldwide Fighting Game Community, or FGC.

In 2026, Evo will stage major international events in Tokyo, Japan, Las Vegas in Nevada, and Nice, France as it continues its role as a global platform for competitive excellence, cultural exchange and community connection.

Under RTS ownership, Evo’s identity will remain unchanged, with key leadership set to remain in place, ensuring long-term stability, said Stuart Saw, chief executive officer of RTS.

“We are proud of our legacy with Evo that started five years ago,” Saw said. “We’re going to continue investing in the things that matter to our community, elevating and empowering members of the FGC and working diligently with our game developer partners to ensure that Evo benefits all involved parties.”

The acquisition aligns Evo with Qiddiya City’s broader vision, at the heart of which lies the development of the Gaming and Esports District; a purpose-built hub spanning 183,100-sq. meters comprising four world-class esports arenas with a capacity of 73,000 seats and regional industry headquarters for more than 30 companies.

As one of Qiddiya City’s premier projects, the Gaming and Esports District aims to highlight the city’s “power of play” philosophy, where gaming, sport, entertainment and culture come together within one destination.