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Savvy Games Group is a Saudi multinational video game investment, development, publishing and Esports company based in Riyadh, Saudi Arabia.Established in 2021, the company was founded by the Saudi Arabia's sovereign wealth fund Public Investment Fund to foster the growth of the gaming industry in Saudi Arabia and to invest in foreign video game companies.
[5] [35] The game was #1 for free apps in the App Store in 49 countries [5] and the #1 app on both the iPhone and the iPad in the U.S. [36] In September 2013, Scopely launched Wordly, a spelling game that reached #1 on the top free apps chart in the App Store, and was the first game with single-player mode developed by Scopely. [37]
Savvy Gaming Group (later Savvy Games Group), a company wholly owned by Saudi Arabia's Public Investment Fund, invested about $1 billion into Embracer Group in June 2022, gaining an 8.1% stake. [63] Embracer Group transitioned from Nasdaq First North to Nasdaq Stockholm on 22 December 2022. [64]
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ESL Gaming GmbH (formerly known as Electronic Sports League) is a German-French esports organizer and production company that produces video game competitions worldwide. ESL was the world's largest esports company in 2015, [1] and the oldest that is still operational. [2]
The company has administered leagues for games such as Counter-Strike 2, League of Legends, Rocket League, Tom Clancy's Rainbow Six Siege, Dota 2 and Team Fortress 2. In 2022, it was announced that FACEIT and esports company ESL were being acquired by Savvy Games Group (SGG), a holding company owned by Saudi Arabia's Public Investment Fund ...
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