RTS, the co-owner of Evo, has been acquired by Qiddiya, it announced on Tuesday. Qiddiya is a planned Riyadh megaproject supported by the Saudi Arabian government’s Public Investment Fund.
“Excited to share that Qiddiya has acquired full ownership of RTS, a strategic step that will further strengthen our esports business and unlock new opportunities across the broader gaming ecosystem,” wrote chief strategy officer Muhannad Aldawood on LinkedIn.
“And most importantly, this will enable Qiddiya to keep fueling the continued growth of Evolution Championship Series (EVO), the world’s largest fighting game event since 1996, with unlimited potential.
“This milestone paves the way for setting new heights in the evolution of Evo toward achieving the aspirations of the fighting game community.”
Saudi Firm Acquires Co-Ownership of Evo Fighting Game Tournaments | VGC
