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Grassroots fighting game events will gain access to a $1m support fund later this year: here's why some will turn it down
Evo, operated by RTS, has announced a $1 million annual fund to support grassroots fighting game events globally. The initiative aims to provide resources beyond prize money, covering venue fees, production, and staffing. While praised by some for its potential to bolster local scenes, others express concern over the fund's ties to Saudi Arabia's Public Investment Fund and potential sportswashing implications.
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.
