this post was submitted on 25 Nov 2025
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Saudi Arabia's Public Investment Fund (PIF) is allegedly low on cash for new investments, after a multi-year spending spree on the games and esports sectors.

As well as the megaton purchase of EA, the games industry has significant exposure to Saudi Arabia; the Public Investment Fund owns Savvy Games Group, which in turn is the parent of Monopoly Go maker Scopely and Niantic of Pokémon Go fame. That's on top of the PIF's stakes in a number of developers and publishers. This includes Capcom, Nexon, Embracer Group, Nintendo and Take-Two, in addition to significant investments in esports.

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