Saudi Arabia has made investments in EA, Take-Two and VSPO
The Saudi authorities continue to pay great attention to the gaming industry. Axios portal noticed that the country’s state funds invested money in three more companies.
It is reported that at the end of last year, the Public Investment Fund increased its shares in Electronic Arts (EA) and Take-Two. Now he owns 5.8% of EA (was 5.1%) and 6.8% of Take-Two (was 5.2%). It is not known how much the fund paid for the purchase of shares.
Savvy Gaming Group has invested $265 million in Chinese esports tournament organizer VSPO. He became the largest shareholder of the company, pushing Tencent into second place.
