Saudi Arabia is prepared to invest substantial amounts of money to attain leading positions in the gaming industry
Under the guidance of Savvy, Crown Prince Mohammed bin Salman, there is a determined ambition to reshape the kingdom into a paramount global hub for the gaming and esports industry in just seven years. The objective is to establish Saudi Arabia as a prominent hub by accommodating 250 gaming companies and studios, which is expected to generate around 39,000 new job opportunities. Saudi Arabia has set forth ambitious objectives to ensure that the gaming industry contributes 1% to the nation's gross domestic product by 2030.Additionally, Savvy has expressed intentions to collaborate with VSPO to drive the development of esports.
In Saudi Arabia, gambling games have gained significant popularity among the 36 million residents, with 70% of them being individuals below the age of 35. Local officials involved in the gambling business report that an equivalent percentage of citizens identify themselves as gamers. It is noteworthy that Crown Prince Mohammed is recognized as a prominent gamer.
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