Saudi Arabia is completely invested in Vision 2030, and under this initiative, it has driven its newer interests in video games. While the country is thoroughly pushing the sports bar with the Saudi Pro League, the Esports World Cup comes as a bigger surprise.
Esports World Cup Announcement
The Crown Prince stated, “The Esports World Cup is the natural next step in Saudi Arabia’s journey to become the premier global hub for gaming and esports, offering an unmatched esports experience that pushes the boundaries of the industry.”
He further said, “The competition will enhance our progress towards realising the Vision 2030 objectives of diversifying the economy. It will be growing the tourism sector, creating new jobs in various industries, and providing world-class entertainment for everyone alike.”
What is Esports World Cup?
This is one-of-a-kind tournament that will revolve around video games. Clubs and players from different genres will compete to grab the trophy of the ultimate Esports World Cup champion. For example, coompetitions will be held amongst the players of popular video games such as PUBG and Call of Duty.
In January 2022, the Public Investment Fund (a global investor), launched the Savvy Games Group to grow sports range. The same year it announced to invest 142 billion Riyals ($37.8 billion) for escalating Saudi Arabia in gaming.
For this Esports Wolrd Cup, the kingdom focuses to set up 250 games companies in the region. This will also bring new job opportunities, draw tourists and create a new image of the Kingdom.
This mastermove by the Esports Federation and Sports Ministry will help to revive tourism during the summer. It is the time when Saudi Arabia experiences a significant drop in booking of hotels and consumer purchasing power.
The country recently announced its biggest bid for hosting the 2034 FIFA World Cup.
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