Saudi government-funded The Savvy Gaming Group is set to invest $37.8 billion in gaming as it plans to acquire gaming companies and start its own game studio. Savvy has set aside more than $13 billion to acquire a game publisher as a strategic development partner, investing $18 billion to acquire minority stakes in gaming companies. Savvy has spent $1.5 billion to acquire esports organizations ESL and Faceit this year, and invested $1 billion in Swedish game publisher The Embracer Group.
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