Sources: Savvy Gaming Group, backed by the Saudi Arabian government's Public Investment Fund, acquires esports companies ESL and FACEIT for a combined $1.5B (Kevin Hitt/Sports Business Journal)

Kevin Hitt / Sports Business Journal: Sources: Savvy Gaming Group, backed by the Saudi Arabian government’s Public Investment Fund, acquires esports companies ESL and FACEIT for a combined $1.5B  —  Savvy Gaming Group, which is backed by the Saudi Arabian government’s Public Investment Fund, has bought two of video gaming’s … Source link