The Saudi Arabian Public Investment Fund has quietly shifted $12 billion worth of shares in gaming companies into its subsidiary, Savvy Games Group. This move consolidates a significant portion of the kingdom’s sprawling investments under one roof, signaling a deeper strategic push into the industry. Savvy, already positioned as PIF’s dedicated gaming arm, now holds a much larger stake in key developers and publishers. It’s a notable development that illustrates Saudi Arabia’s growing influence across the gaming landscape, as the nation continues to build out its entertainment portfolio with a focused approach on video games.
Source: gamesindustry.biz
