Inside Saudi Arabia’s $38 Billion Gaming Empire

Inside Saudi Arabia’s $38 Billion Gaming Empire

ByMiikka Ahonen

In early 2022, Savvy Games Group was little more than a newly formed vehicle inside Saudi Arabia’s Public Investment Fund (PIF), armed with a $38 billion war chest and a promise to spend it. Now, four years later, it controls Scopely, ESL FACEIT Group, Steer Studios, and (pending close) Moonton, while also stewarding billions of…

PlayStation

What’s Next for PlayStation?

ByMiikka Ahonen

In today’s issue, we look into Sony’s PlayStation division and how its record profits, driven by platform sales, compare to its less impressive revenue growth and its ambitious live-service game plan. And in our latest podcast episode, we explore Africa’s young gaming market. We also bring you this week’s top news items, as well as a curated list of Content Worth Consuming.

Korean Market Trends

Inside NCSoft: Strategy, Partnerships, and Korean Gaming Trends

ByAlexandra Takei

To kick off the new year, host Alexandra Takei, Director at Ruckus Games, interviews Songyee Yoon, former President and Chief Strategy Officer of NCSoft and now founding partner at PVP Ventures, which recently raised a $100M fund to invest in AI startups. They explore NCSoft’s transformation from its early days to a global gaming powerhouse, focusing on strategic pivots…