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On November 17, Japanese outlet Automaton reported that two Square Enix employees had been arrested by Tokyo Police on suspicion of insider trading. The arrest is in relation to money they invested in
RIYADH: Saudi Arabia's Public Investment Fund launched Savvy Gaming Group that will be chaired by Crown Prince Mohammed bin Salman. The group seeks to be a leading developer of games at home and internationally, according to a statement from the Fund, known as PIF. The Saudi-owned Savvy will acquire ESL and FACEIT platform and merge them into one entity to be the cornerstone
RIYADH: The Saudi-backed Savvy Gaming Group has acquired ESL Gaming Co. for $1.08 billion amid plans to merge it with the esports platform FACEIT. The deal is expected to close in the second quarter of 2022, Handelblatt reported, citing an announcement from ESL FACEIT Group. The group, backed by Saudi Arabia's Public Investment Fund, the acquired the esports platform FACEIT in