Why Saudi Arabia is spending billions to become a global Esports power?

Saudi Arabia is investing billions of dollars into the global gaming and esports sectors as part of a broader national strategy to diversify its economy beyond oil and gas. This initiative includes significant corporate acquisitions, such as the purchase of Electronic Arts for $55 billion, and the expansion of its signature Esports World Cup.

The kingdom is extending its influence by hosting events internationally, with the current Esports World Cup taking place in Paris. These efforts represent a deliberate move to establish the country as a major player in the global gaming industry.