ESL Gaming Sold! Will It Change The World of Esports?

January 28, 2022 at 3:18 PM in Gaming News with no comments

ESL Gaming has been bought by Savvy Gaming Group which is a Saudi-backed company.

By    Daniel  | Veena

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Savvy Gaming Buys ESL Gaming


 

ESL Gaming has been the biggest esports organizer around the world. They are the ones responsible for ESL Pro Tour, Dreamhack, and Intel Extreme Masters.

  how much was ESL bought for?  

Savvy Gaming Group bought ESL for $1.05 billion. They are merging it with another esports platform that they recently bought which is FACEIT.

Now called ESL FACEIT, their combined companies would have shared knowledge in creating and running huge esports tournaments for StarCraft II, Rainbow Six: Siege, and CS:GO.

 

  who are the Saudi Arabia Public Wealth Fund?  

They are planning to create a gaming platform that will be accessible to everyone.

Craig Levine, the Co-CEO said, “Our merger with FaceIt, along with the backing of SGG, will give us more know-how, capabilities, and resources than ever before to deliver on this vision.”

  what is the biggest esports tournament?  

We might then see the boom of esports events as the world is starting to recover from the COVID-19.

The ESL FACEIT Group is expected to bring forth bigger events with improved tournaments for a lot of games.

     

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