Inside Saudi Arabia’s $38 Billion Gaming Empire

Inside Saudi Arabia’s $38 Billion Gaming Empire

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…