Saudi Arabia Just Spent Over $6 Billion Buying Up More Of The Video Game Industry
Kotaku | 20.03.2026 20:47
Savvy Games, a gaming investment vehicle owned by Saudi Arabia’s sovereign wealth fund, has entered an agreement with TikTok parent company ByteDance to buy Moonton Games for $6 billion. That’s only a billion or so shy of what Microsoft bought Bethesda for back in 2021. The deal is another sweeping move in the country’s ongoing campaign to buy up major players in the gaming industry.
