cross-posted from: slrpnk.net/post/26950260
Saudi Arabian mega-city Project Qiddiya has taken full ownership of tournament organizer RTS, according to a social media post. The news was first made public by Qiddiya Chief Strategy Officer Muhannad Aldawood in a post on LinkedIn.
Financial terms of the acquisition were not disclosed.
RTS is best known as the organizer of the popular fighting game championship series, Evolution Championship Series (Evo).
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ampersandrew@lemmy.world 2 days ago
RTS was Pokimane’s company, who went into business 50/50 with Sony to acquire Evo a few years back. Neither retain ownership now, at a time where investors aren’t exactly in love with e-sports outside of the Saudis.