2023-10-23 17:57:34
Saudi Arabia Launches the Esports World Cup
Saudi Arabia is set to host the inaugural Esports World Cup, a highly anticipated annual event that will feature the most popular games in the world. With an impressive prize pool of £10 million, the tournament is expected to be the largest of its kind globally.
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The Esports World Cup serves as a valuable platform to support the gaming and esports sector, establishing Saudi Arabia as a prominent hub for global esports. This event is part of Saudi Arabia's ambitious National Gaming and Esports Strategy, which aims to exceed SR50 billion (£10.4 billion) in contribution to the country's GDP by 2030.
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The Crown Prince of Saudi Arabia, Mohammed bin Salman, revealed that the first event of the Esports World Cup will take place in Riyadh next summer. It will feature various clubs competing in a range of games to claim the esteemed title of eSports World Cup champion. This event aligns with Saudi Arabia's national gaming and e-sports strategy, accelerating its implementation.
Is your Wi-Fi speed being murdered? The common mistake all BT broadband users must check todaySports, esports, and gaming have become integral components of Vision 2030, the Crown Prince's transformative plan. With the government investing billions of pounds to diversify the kingdom's economy, the goal is to reduce its dependence on oil. As part of this vision, Saudi Arabia aims to establish 250 local gaming companies and generate 39,000 new job opportunities.
The specific titles that will be included in the Esports World Cup have yet to be announced. However, they will encompass the most popular games across all key genres. Notably, this tournament will replace the Gamers8 esports festival, which had a prize pool of £45 million. The Esports World Cup will strengthen Saudi tourism during the summer months, serving as a significant attraction.
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Furthermore, the Crown Prince announced the establishment of the Esports World Cup Foundation. This nonprofit organization aims to foster greater collaboration among esports stakeholders, promoting the development of the esports ecosystem not only in Saudi Arabia but also in the broader region. The foundation will prioritize education, training, and talent development.
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The Esports World Cup marks a significant milestone for the esports industry, bringing together gamers from around the world to showcase their skills and compete for glory. With its impressive prize pool and extensive reach, this tournament is poised to attract a vast audience and generate substantial revenue. The establishment of the Esports World Cup Foundation underscores the commitment to collaboration and talent development in the region.
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