Qiddiya Investment Company
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Evo is getting five more regional events and a new world championship: here's what's good, what's bad, and what matters
Evo, the largest fighting game tournament series, announced an expansion with five new regional events in China, Brazil, Morocco, Saudi Arabia, and Mexico, alongside a new World Championship requiring mastery of multiple games. The Qiddiya Investment Company, owned by Saudi Arabia's Public Investment Fund, is behind this expansion, aiming to support local communities while facing scrutiny over sportswashing and potential dilution of the Evo brand's prestige.
Evo insists its "traditions, values, and identity will remain unchanged" as Saudi acquisition completes
Qiddiya Investment Company, a subsidiary of Saudi Arabia's Public Investment Fund, has completed its acquisition of the Evolution Championship Series (Evo). Despite community concerns about the new ownership, Evo insists its traditions, values, and identity will remain unchanged, with key leadership staying in place. The organization plans to host major international events in Tokyo, Las Vegas, and Nice this year.