Owner of EVO Acquired by Saudi Arabian Group

Key Takeaways

Created with AI - we're still experimenting, so apologies if it misses the mark

  • Qiddiya, a Saudi Arabian investment company, has acquired RTS, the tournament organizer known for the Evolution Championship Series (EVO), marking a significant change in ownership for the worlds largest fighting game event.
  • This acquisition comes after an earlier change in EVOs ownership, with Indian company NODWIN acquiring Sony Interactive Entertainments share in August. Despite the change, Sony remains an official event sponsor.
  • Qiddiya and RTS have previously collaborated for EVO 2024, giving Qiddiya experience in organizing a global-scale fighting game tournament.
  • The specific details of the deal, including financial figures, have not been disclosed at this time.

Acquisition of EVO by Qiddiya Marks New Era for Global Fighting Game Tournament

Saudi Arabian investment company Qiddiya has acquired RTS, the tournament organizer best known for the Evolution Championship Series (EVO), the world’s largest fighting game event. Qiddiya’s top strategist, Muhannad Aldawood, announced the acquisition on LinkedIn, with esportsadvocate confirming the Evolution Championship Series’ new ownership. Specific figures or details about the deal have not been disclosed. This acquisition follows a prior change in EVO’s ownership. In late August, Indian company NODWIN acquired Sony Interactive Entertainment’s share in EVO. Sony, the owner of PlayStation, continued its involvement with RTS as an official event sponsor. Notably, Qiddiya and RTS collaborated for EVO 2024, providing Qiddiya with experience in organizing a global-scale fighting game tournament.

In Case You Missed It

For those interested in how Saudi Arabia is leveraging pop culture and video games to reshape its global image, be sure to check out Ahmed Hassan’s latest piece titled “Dragon Ball Park: Saudi Arabia Continues Seduction through Pop Culture and Video Games,” published on March 22, 2024. The article delves into the ambitious Dragon Ball theme park project in Qiddiya and explores how Crown Prince Mohammed bin Salman is using his love for Japanese manga, anime, and video games to position Saudi Arabia as a key player in the gaming industry. Dive into the details at Dragon Ball Park: Saudi Arabia Continues Seduction through Pop Culture and Video Games. For those interested in the ever-evolving world of esports and gaming events, Jonathan Dubinski’s latest piece on Players for Life dives into how Sony Interactive Entertainment (SIE) has sold its share of EVO to NODWIN, an Indian esports company with strong ties to Sony Group Corporation. This shift marks a new chapter for one of the most prestigious fighting game tournaments, as SIE transitions from organizer to sponsor while maintaining its commitment to expanding the global fighting game community. Published on August 21st, this insightful article explores how the new partnership between NODWIN, RTS, and Qiddiya will shape EVO’s future until 2027. Be sure to check it out PlayStation Sells Its Share of EVO for all the details! If you’re a fan of the intricate world and challenging gameplay that made Hollow Knight a cult classic, you won’t want to miss Marcus Thompson’s latest piece on our site. Published on August 22nd, “Hollow Knight Silksong to Receive DLC Over Years” dives into Team Cherry’s ambitious plans for additional content following the September 4th release of Silksong. From long-term DLC strategies to hints at future expansions, there’s plenty to excite both newcomers and dedicated followers alike—be sure to Hollow Knight Silksong to Receive DLC Over Years.

Related posts

Garena Unveils New Features and Hybrid Format for Series B Return in FFWS BR

PlayStation Sells Its Share of EVO

Razer Unveils Wolverine V3 Pro 8K PC – The Fastest and Lightest Wireless Gamepad for Competitive PC Gaming