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Saudi PIF shifts $12 billion in gaming investments to Savvy
The company, started with a cash stockpile of $38 billion, is the backbone of Crown Prince Mohammed bin Salman’s plans to dominate global gaming
Joosep Martinson - FIFA/FIFA via Getty Images
Saudi Arabia hosted the FIFAe World Cup gaming tournament last month at The Arena in Riyadh
Add The Circuit on GoogleSaudi Arabia’s Public Investment Fund has moved to consolidate its expansive gaming investments, shifting about $12 billion worth of shares, including its stake in Nintendo, to its Savvy Games subsidiary.
Savvy, which was created in 2021 with a...
