Saudi Arabia’s Savvy Gaming Group embraces Embracer with $1B investment

Interested in learning what’s next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next. Learn more. Savvy Gaming Group, an investment group from Saudi Arabia, has invested deeply into Embracer Group. For $1 billion dollars from Saudi Arabia’s Public Investment Fund (PIF), Embracer shared out 99.9 million…
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ESL Gaming sold for $1 billion to Savvy Gaming Group

Join gaming leaders, alongside GamesBeat and Facebook Gaming, for their 2nd Annual GamesBeat & Facebook Gaming Summit | GamesBeat: Into the Metaverse 2 this upcoming January 25-27, 2022. Learn more about the event.  Modern Times Group has reportedly sold ESL Gaming…