Investment
Saudi stakes a $50 billion+ claim in the gaming world - Nintendo, Activision, EA & more
Move over Tencent, Savvy Games and the PIF are THE new market makers in the global games portfolio
Related People
Brian Ward
CEO
Articles featuring Savvy Games Group
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Embracer Group
Embracer Group will need to “continue making tough decisions”
Speaking at a company Q&A, CEO Lars Wingefors confirmed that more closures are on the horizon
Events
Saudi Arabia's Next World Forum: Day One - Michael Bay, Omar Batterjee and Saudi esports
Saudi Arabia’s premiere tech conference, live from Riyadh kicks off in style
Embracer Financials
Embracer Group drew $131.6 million in net sales from mobile in the latest quarter
Mobile represents just 13.76% of the company’s revenue
Rebrands
Savvy Games Studios to become Steer Studios in major rebrand
The move is set to put Steer Studios on course for a more independent path
Revelations
Savvy Games unmasked as Embracer's mystery partner in deal collapse
Axios Gaming's Stephen Totilo has enough evidence to point the finger
Scopely Acquisition
Savvy Games Group closes acquisition of Scopely
The acquisition highlights mobile’s place in Saudi Arabia’s games strategy
Mena Is Changing The Game
More than 65% of MENA gaming revenue comes from mobile
Boston Consulting Group’s latest Game Changer report emphasises the growing passion for gaming throughout the region
Executive Moves
CEO of Nine66, Kadri Harma, to return to venture capital
Harma has been CEO since late 2021
Mena Investment
After securing Scopely for $4.9 billion, what could Saudi games giant Savvy splash its cash on next?
They may have made a sizeable acquisition this week but Savvy Games Group still has money to burn!
Savvy X Scopely
Marvel Strike Force, Stumble Guys, and GSN: What has Savvy Games Group bought?
Savvy Games Group’s acquisition of Scopely means the acquisition of several subsidiaries and properties
Savvy X Scopely
Savvy Games Group acquires Scopely for $4.9 billion
The group has made numerous acquisitions as part of its long term gaming strategy
Saudi Arabian Funding
Saudi Arabia raises stake in Nintendo once again
The country now owns 7.08% of the company
2023 Predictions
Drake Star releases its predictions for 2023 in gaming
Look ahead to a year of consolidation and diversification
2022 Highlights
BIG Stories of 2022 - The rise of mobile in new nations
2022 has seen major shifts in the mobile gaming industry, amongst them new markets and nations are rising or coming into vogue. Let’s take a look at the one to watch come 2023.
Riyadh Overview
How Saudi Arabia is growing its position as MENA’s most significant gaming industry hub
Home to 21 million high-spending mobile gamers, Saudi Arabia is growing as a centre for investment and publishing
Trade
Finnish/Saudi-Arabian trade deal could kickstart further economic collaboration to come
Although the recently announced Finland and Saudi-Arabia trade deal mainly covers more fundamental aspects such as travel and freight, it marks closer relations that could increase other economic interaction
Financials
Modern Times Group report steady growth through Q3 in recently released financials
MTG (Modern Times Group) the mobile gaming company that recently stepped-back from its efforts in esports, has released its financial data.
Jobs In Mena
Savvy Appoints Peeyush Gulati as vice president of production
The Ubisoft veteran will join the team in Riyadh
Saudi Arabia
Saudi Arabia eyes up acquisition of major publisher
The acquisition is part of a $38.7 billion games strategy
Stakes And Shares
Saudi Arabia acquires 8.1% of Embracer Group with $1 billion stake
Via subsidiary Savvy Gaming Group
Transaction Time
Modern Times Group selling ESL Gaming for more than $1 billion
To be acquired by Savvy Game Group