TOKYO: Saudi Arabia is moving aggressively with its investments in more gaming companies, the Canadian industry veteran steering the kingdom’s push to become a global hub for the sector told AFP Friday.
The kingdom has already been spending heavily with a $38-billion push into gaming under Crown Prince Mohammed bin Salman’s Vision 2030 program, part of a plan to diversify the economy away from oil.
“We don’t pause. We don’t do neutral,” Savvy Games CEO Brian Ward said in a joint interview in Japan with Prince Faisal bin Bandar bin Sultan Al Saud, chair of the Saudi eSports Federation.
“It’s a good time to be in the market, looking for good teams in studios,” said Ward, a former executive at “Call of Duty” maker Activision Blizzard, Electronic Arts and Microsoft.
Saudi Arabia’s Public Investment Fund (PIF) has bought stakes in “Resident Evil” maker Capcom and Japanese giant Nintendo, as well as in Activision Blizzard and Electronic Arts.
Savvy, a PIF subsidiary, in 2022 bought a $1.1-billion stake in Sweden’s Embracer in 2022 and bought Scopely, the US mobile games company behind “Monopoly Go!,” for $4.9 billion last year.
“There’s a lot we want to do to get it done and to reach our targets at 2030,” said Prince Faisal, who is also Savvy vice-chairman.
“But we also want to make sure that we are taking the time to study things, to look at things. And make sure we’re making the right steps and not just throwing cash out there to see what hits,” he said.
ESports World Cup
In eSports, Savvy also bought tournament organizer ESL Gaming and the platform FaceIt. Riyadh will also host the eSports World Cup in July and August, when 2,500 gamers will battle for $60 million in prize money.
Prince Faisal, who credits video games for giving him insights into real-life history, said the tournament would help put Saudi Arabia on the global gaming map.
“A gaming industry is something you can start now and you’ll see the results in five to 10 years. And so to start momentum going, to start a conversation, esports is a great entry point,” he said.
Saudi Arabia aims to create 250 gaming companies and studios on its soil, 39,000 game-related jobs, be in the top three of professional gamers per capita and to produce a blockbuster “AAA” game by 2030.
The objective at the same time is for gaming to account for one percent of gross domestic product, something which Prince Faisal admits “keeps me up most at night.”
“One of the amazing things is we have a long history of storytelling in our region. It’s typical Bedouin culture is sitting around a fire telling the story,” he said.
“The tools are there... I think we can come up with not just the next great game, but the next great story.”
Saudi Arabia’s gaming drive
“There’s a lot of misconceptions about Saudi and who we are as Saudis,” Prince Faisal said.
“And the best way that I can say to answer that is to come and see and what you’ll see on the ground is very different than the conception that’s out there.”
Ward said he had been assured that Saudi Arabia’s gaming drive would be “consistent with the values and culture of our industry.”
“We have been given carte blanche to operate like a true games company. We don’t do anything different at Savvy being based in Riyadh than we would if we were in New York, Los Angeles, or Berlin.”
Saudi Arabia spending big for a place on the gaming map
https://arab.news/z7jdj
Saudi Arabia spending big for a place on the gaming map
- The kingdom has already been spending heavily with a $38-billion push into gaming
Kane scores as Bayern deliver comeback romp over Leipzig
- The victory restores Bayern’s 11-point lead atop the ladder over second-placed Borussia Dortmund
- Leipzig took a first-half lead through Romulo, but Bayern kicked into gear after the break
LEIPZIG, Germany: Harry Kane scored his 21st goal of the Bundesliga season as Bayern Munich came from behind to win 5-1 at RB Leipzig on Saturday.
The victory restores Bayern’s 11-point lead atop the ladder over second-placed Borussia Dortmund, while continuing their record-breaking campaign.
Unbeaten Bayern have dropped just four points on their way to a record-equalling tally of 50 after 18 games. Bayern’s total of 71 goals scored is also a record at this stage of a German league season.
Leipzig took a first-half lead through Romulo, but Bayern kicked into gear after the break, Serge Gnabry, Kane, Jonathan Tah, Aleksandar Pavlovic and Michael Olize all scoring.
Bayern coach Vincent Kompany said Leipzig were “twice as good as we were” in the opening half, adding “but in the second-half — my god, the boys delivered.
“We weren’t afraid and we really went for it.”
Leipzig goalscorer Romulo said “we played 75 minutes really on top, then I don’t know what happened, we turned off our minds. We have to learn something out of that.”
Leipzig were strong early and broke through after 20 minutes when Romulo snuck past Bayern’s Tah to poke in an Antonio Nusa pass from close range.
The hosts were undone in the simplest fashion just after half-time. Dayot Upamecano picked Christoph Baumgartner’s pocket and fed Gnabry, who guided the ball into the bottom corner.
Bayern took the lead after 67 minutes, once again thanks to a Leipzig mistake.
Olize’s floated cross looked harmless until Ridle Baku lost his footing, allowing an unmarked Kane time and space to blast home.
With Leipzig’s resistance broken, Tah, Pavlovic and Olize all scored in the final 10 minutes, while Jamal Musiala returned late off the bench after a six-month injury absence.
- Can rescues Dortmund -
Earlier, an Emre Can penalty in the fifth minute of stoppage time saved Borussia Dortmund’s blushes in a 3-2 home win against lowly St. Pauli.
In the dying moments, VAR found a foul on Germany forward Maximilian Beier, bringing Dortmund captain Can to the spot.
“What a rollercoaster ride,” Can told Sky Germany.
“We need to do much better to settle things down and to convert our chances,” he added.
The hosts overcame a poor first half when Julian Brandt tapped in from close range just before the break. Having created the opener, Karim Adeyemi gave Dortmund a two-goal buffer in the 54th minute, converting a Fabio Silva assist.
Rock-bottom St. Pauli had won just once since September but fought back into the game when James Sands and Ricky-Jade Jones scored inside 10 minutes midway through the second half to stun the hosts.
Deep into stoppage time, Jones caught Beier on the edge of the penalty area, allowing Can to convert nervelessly from the spot.
Elsewhere, Hoffenheim’s Wouter Burger scored the only goal in a 1-0 home win over flailing Bayer Leverkusen to climb past Leipzig into third in the table.
Burger swung in an excellent free-kick after nine minutes to give the hosts the three points.
“That was an important one,” Burger said of his free-kick. “I was practicing them a bit this morning.”
Relegation candidates last season, Hoffenheim are on track to qualify for Europe’s top competition for just the second time in their history, having last done so under now-Germany coach Julian Nagelsmann in 2017/18.
Leverkusen have now lost four of their past six, falling three points behind the Champions League placings.
Cologne beat Mainz 2-1 at home, Wolfsburg played out a 1-1 home draw with Heidenheim and hosts Hamburg were held to a scoreless draw by Borussia Moenchengladbach.
