News Formal

A new esports tournament in Saudi Arabia promises to be a game-changer – but it’s also caused division in the industry

  • 📰 cnnbrk
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 55%

Business News News

Business Business Latest News,Business Business Headlines

In the heart of Saudi Arabia’s capital, a seismic moment for esports is underway; one which has triggered both excitement and concern across the industry.

The Esports World Cup – which began on July 3 – has brought together professional gamers, publishers and fans from across the world for an eight-week competitive gaming bonanza. Its record-breaking prize pool of more than $60 million has raised eyebrows and Ralf Reichert, CEO of the Esports World Cup Foundation which is organizing the event, told CNN Sport that the spectacle will help unite the industry.

The concern around the nation’s human rights record – notably freedom of speech and treatment of minorities – has been widespread in esports, with some inside the industry refusing to take part in the EWC. With the Gulf nation looking to diversify its economy and move away from its heavy reliance on fossil fuels, it already has a large footprint in competitive gaming.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 393. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Level Shoes’ Elisa Bruno Shares Insights on the Luxury Market in Saudi ArabiaThe Level Shoes CEO discussed the region’s overwhelmingly young consumers and the importance of building connections through digital channels.
Source: wwd - 🏆 24. / 68 Read more »