Overview
- RTS, co-owner of the Evolution Championship Series, has been bought outright by Qiddiya Investment Company, a firm backed by Saudi Arabia’s Public Investment Fund.
- Evo’s ownership is now split between NODWIN Gaming, which recently bought Sony’s former stake, and RTS under Qiddiya’s control.
- Qiddiya executive Muhannad Aldawood said the deal strengthens its esports push and will fuel Evo’s continued growth.
- Reporters and community members described the move as part of Saudi state-linked investment in gaming often criticized as sportswashing, with players citing concerns for LGBTQ+ participants.
- Organizers are pressing ahead with international plans, including a European event scheduled for October in Nice, France.