#esports news

Savvy Games, which is owned by Saudi Arabia’s Public Investment Fund, plans to grow its presence in esports and gaming through this purchase. The agreement was first reported by Japan-based news agency Nikkei before it was officially confirmed. Savvy Games already has ties to esports through groups like ESL Faceit Group and events such as the Esports World Cup. The Esports World Cup Foundation has officially confirmed a $45 million funding commitment for the inaugural Esports Nations Cup 2026, a new global tournament centered on national teams rather than traditional esports clubs. Set to debut in Riyadh, Saudi Arabia, from November 2 to 29, 2026, the Esports Nations Cup introduces a country-versus-country format designed to add national identity, pride, and long-term structure to competitive gaming. Unlike existing club-based competitions, the Esports Nations Cup allows professional players to represent their countries across 16 game titles, while still accounting for the role of esports organizations. Meanwhile, club incentives are tied directly to player performance, encouraging esports organizations to participate without undermining their competitive calendars. With national teams, equal pay across titles, and a long-term development framework, the Esports Nations Cup aims to establish a new pillar in the global esports calendar—one that connects elite competition with national identity and fan loyalty. Read more in our articles including "Moonton to be sold to Savvy Games in $6 billion deal" and "Esports World Cup Foundation commits $45 million to launch Esports Nations Cup 2026".