Saudi Arabia Wants to Increase Its Investment in Nintendo

Saudi Arabia Wants to Increase Its Investment in Nintendo

From Game Rant (Written by Brett Byll) on | OpenCritic

The Prince of Saudi Arabia has stated interest in continuing the country's relationship with Nintendo. The gaming market is largely based in the United States of America and Japan, with Nintendo dominating much of that space, but other countries have shown initiative to become further involved in the industry, which could end up bringing gaming to potentially unexpected spots. It's unclear whether this relationship will influence the content of games in the future, but that doesn't seem to be likely.

Saudi Arabia has been making progress in the entertainment business. In order to diversify the country's economy, Savvy Games Group, a company funded by the country that is involved in several ends of the gaming industry including eSports and publication, has made strides to expand that reach. Saudi Arabia has invested billions of dollars in gaming, and it doesn't appear to be slowing down anytime soon. Savvy Games group has stated plans to continue allocating core parts of the gaming market, with the intent of making Saudi Arabia a hub for gaming by 2030.

Saudi Arabia's Public Investment Fund increases its stake in Nintendo and becomes the largest outside investor of the company.

Kyodo News interviewed Saudi Arabia's Prince Faisal...

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