Saudi Arabia’s Qiddiya has taken sole ownership of EVO, the marquee fighting game tournament, in a development revealed with little fanfare. The move follows a period of shifting stakes, including a rescue by Sony and RTS several years ago and a later sale of Sony’s share to India’s NODWIN Gaming late last year.
- Qiddiya is now the full owner of EVO, consolidating control of the high-profile fighting game event.
- EVO has previously been stabilized by a partnership involving Sony and RTS after facing uncertainty.
- Sony divested its remaining interest to NODWIN Gaming toward the end of the prior year.
- The change in ownership completes a recent string of transactions that have reshaped EVO’s backers and corporate structure.
Source: Push Square
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