Despite last year’s scrapped deal with Embracer, the Savvy Games conglomerate is still eyeing Saudi Arabia as a prime spot for game development.
CEO Brian Ward told PocketGamer the Saudi-backed company is aiming for a “strong games ecosystem” by 2030. Along with development, the plan is for the region to be a “worldwide [esports] epicenter.”
“Approximately 75 percent of our capital allotment has not yet been invested,” said Ward, “so we will continue driving forward with our strategy.”
He attributed the company’s growth in 2023 in part to support from Crown Prince (and chairman) Mohammad bin Salman. Savvy has been previously critiqued for his backing via Saudi Arabia’s Public Investment Fund (PIF).
Both Salman and the PIF were directly implicated in the killing of journalist Jamal Khashoggi. The Kingdom of Saudi Arabia’s crackdown on human rights activists, and its restrictions on women’s societal participations, have drawn international criticism.
Savvy is betting big on Saudi Arabia
To Ward, the “constantly evolving” game industry gives Savvy “challenges and opportunities” to grow in the years ahead.
Regarding Saudi Arabia specifically, he claimed the region has 21 million players, which comprise 70 percent of its population. Mobile esports are part of Savvy’s larger plans, hence buying Scopely last year.
The free-to-play publisher was acquired specifically for its mobile expertise. Ward said it’ll go for its own “long-term ambitions,” which include a console version of Stumble Guys within the next year.
And because games revenue in Egypt, Saudia Arabia, and the UAE is expected to grow to $2.8 billion by 2026, Ward hopes Scopely will make Savvy a free-to-play and live-service leader in the region.
“Saudi Arabia is a fascinating and rapidly growing market,” said Ward. “Our team is dedicated to being a force for good…[by] collaborating with other players and organizations to ensure the sector’s continued success.”
PocketGamer’s full interview with Ward on Savvy’s future can be read here.