The head of a new multi-billion dollar gaming conglomerate backed by the Saudi government’s sovereign wealth fund says it’s a real business–and not a reputation booster for the controversial kingdom.
on an image makeover project,” Savvy’s CEO Brian Ward, a former top executive at EA and Activision, told Axios in an in-person interview on Wednesday, waving off the idea that the project was the gaming equivalent of so-called ““We’re there to build a real commercial entity that's a powerhouse, hopefully, in gaming and aimed at developing and growing the game sector.”researchers at Niko Partners.
He won’t say exactly how much money they have, but described it as “many, many, many, many billions of dollars.”, as described by Ward, span a range of gaming sectors, including building gaming venues, a studio to make games, an incubator for developing gaming in Saudi Arabia, an esports company and an investment fund.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2022 F1 Saudi Arabian Grand Prix preview: Racing at the Red SeaFerrari is on top as we enter round two of the 2022 Formula One World Championship.
Read more »
Saudi Aramco oil facility in Jeddah hit by Yemeni Houthi rebel missileA Saudi Aramco oil facility located in Jeddah, Saudi Arabia, was hit by a missile launched by Yemen's rebel Houthi militia on Friday, reports on socia
Read more »
Formula One Fans Need To Boycott The Saudi Arabia Race This WeekendThis article outlines the public outcry against Saudi Arabia following mass executions and makes a case for F1 to boycott it race there.
Read more »
Houthi rebels attack oil depot in Saudi Arabia ahead of F1 raceThe Saudi-led coalition says an Aramco petroleum products distribution station in Jeddah was targeted by an attack, but that a fire in two tanks at the oil facility had been brought under control.
Read more »
Saudi Grand Prix to go ahead despite Houthi attacks say organisersFormula One's Saudi Arabian Grand Prix will go ahead after teams received safety assurances and drivers met for more than four hours following attacks on an oil facility near the Jeddah street circuit on Friday.
Read more »