Saudi Arabia Bets Big on Global Gaming Industry with $55 Billion EA Deal

Saudi Arabia is investing heavily in the global gaming industry, aiming to become a major player in esports. The country's efforts are part of its broader strategy to diversify its economy beyond oil and gas. In August 2026, Saudi Arabia acquired Electronic Arts (EA) in a $55 billion deal.

The acquisition is a significant move for the country, which seeks to tap into the rapidly growing gaming market. The EA deal follows the decision to hold the Esports World Cup outside of Saudi Arabia for the first time, with Paris hosting the event.

By investing in esports and gaming, Saudi Arabia aims to create new economic opportunities and contribute to its GDP growth. However, the move has also raised concerns about the country's increasing reliance on foreign investments and its potential impact on local businesses.