Al-Marsad newspaper – SPA: His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister – may God protect him – announced today the launch of the Electronic Sports World Cup, the largest event of its kind in the world, organized by the Kingdom in… Riyadh annually, starting in the summer of 2024 AD.
Establishment of the E-Sports World Cup Foundation
His Highness the Crown Prince also announced the establishment of the Electronic Sports World Cup Foundation, a non-profit organization that will organize the tournament and will be the engine that will move this sector to a new stage of cooperation between all partners and stakeholders in the gaming and electronic sports system to benefit from its true potential and enhance the growth and sustainability of the sector.
This announcement came during the “New World Sports Conference”, which is hosted by the Kingdom under the honor of His Highness the Crown Prince – may God protect him – and in the presence of a large number of leaders and dignitaries in the sports sector and the gaming and electronic sports sector around the world.
Comment of the Crown Prince
His Highness said: “The Electronic Sports World Cup Championship is the next natural step in the Kingdom’s journey to become the first global center for gaming and electronic sports, as it will provide an unparalleled experience, beyond what is known in the sector,” stressing – may God protect him – that the tournament will contribute In strengthening our commitment to achieving the goals of the Kingdom’s Vision 2030, including diversifying the economy, strengthening the tourism sector, providing job opportunities in various sectors, and providing high-level entertainment for citizens, residents and visitors alike.
What will this tournament achieve?
This tournament will be a major tributary in achieving the strategic endeavors of the gaming and e-sports sector, contributing to achieving more than 50 billion riyals in gross domestic product by 2030, providing 39,000 new job opportunities in the sector, and transforming the city of Riyadh into the capital of electronic games. It is also scheduled to The tournament will be held in closed halls, accompanied by many activities and events, as a unique opportunity to attract a new segment of visitors interested in the electronic gaming sector and stimulate the tourism sector in the city of Riyadh during the summer, which in turn will contribute to enhancing the occupancy rates of guest houses, which usually witness a decline of up to 16% in the summer period, in addition to a decrease in tourism spending by 18% in the summer period. The tournament provides an opportunity to compensate for the significant decline in the rate of spending in restaurants and cafes, which reaches 13% in the summer period, and the rate of consumer spending, which reaches 9% in the summer period.
Games that will be included in the tournament
The tournament will provide a stimulating environment that supports the growth of the sector system and enables its sustainability. The tournament will include the most popular games in the world in various modes and will provide the highest financial prizes in the history of e-sports.
Tournament system
A new and innovative model for the tournament system will be followed with the aim of crowning the best club in the world at the level of all games participating in the tournament, which in turn will serve to develop and sustain e-sports clubs.
The Electronic Sports World Cup Foundation will reveal more details related to the tournament and the mechanism for participating in it early next year.
2023-10-23 10:49:14
#pictures #Crown #Prince #announces #launch #annual #Electronic #Sports #World #Cup
