Even though there is interest in esports worldwide, there are leading countries that take this sport seriously. One such country is Saudi Arabia. The Kingdom sees esports as a separate form of leisure for the young population and an opportunity to create jobs and substantially contribute to the state’s economy. The country can be proud that about 1,000 people are involved in esports activities full-time.
Statistics show that by 2030, Saudi Arabia’s esports sector will contribute $13.3 billion to the Kingdom’s gross domestic product and create nearly 39,000 jobs.
The report’s relevance is due to the noticeable growth of interest in esports in Saudi Arabia. The National World Championship in this discipline had a record prize fund of 62.5 million dollars.
Interesting fact: the country even has a national strategy for the gaming and esports sector, which aims to develop a competitive and attractive ecosystem of the discipline. This strategy was released in 2022, which proves how responsibly the country treats discipline and sees the impact on economic development. Moreover, information about the holding of the esports Olympic Games in the country appears in the world media, which will also affect the interest in this discipline and increase the authority of the players.
A recent report from PwC Middle East shows that the global esports sector could reach US$1.86 billion by next year. Such profit is influenced by the following factors: media rights, sponsorship, advertising, ticket sales for various esports tournaments, and gamepublisher commissions.
The worldwide interest in esports is growing frantically, as confirmed by many professional and large-scale events. For example, iGaming industry leaders will attend the SBC Summit 2024 in Lisbon soon, as it is an excellent opportunity to exchange experience and demonstrate new solutions in the field. At this event, industry representatives can learn more about the products and insights of the BETER brand in more detail, which offers an extensivesports and esports content portfolio.
Founder Dinis Guarda
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