RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman on Monday announced the launch of the Esports World Cup to be held annually in Riyadh starting summer 2024.
Touted to be the largest global event of its kind, it will serve as a platform that supports the gaming and esports sector and consolidates Saudi Arabia’s position as a hub for international esports.
The launch of the tournament is expected to materialize the goals envisioned in Saudi Arabia’s National Gaming and Esports Strategy.
The strategy aims to increase the sector’s contribution to the Kingdom’s gross domestic product by more than SR50 billion ($13.3 billion) by 2030 and create 39,000 new job opportunities.
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