VSPO to Boost Esports Growth with Saudi Arabia’s $265M Investment
Savvy Gaming Group, funded by Saudi Arabia’s sovereign wealth fund, will reportedly spend $265 million on Chinese esports organization VSPO (formally, VSPN) as part of the kingdom’s most recent foray into the gaming industry. According to the firm, the agreement would make Savvy the largest institutional shareholder in VSPO and will grant it a little … Read more