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Saudi’s Savvy Games and Esports Delegation Conducts High-level Visit to Shanghai, Beijing and Chengdu

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HRH Prince Faisal bin Bandar bin Sultan Al Saud, Chairman of the Saudi Esports Federation and Vice Chairman of Savvy Games Group (Savvy), and Brian Ward, CEO of Savvy, have this month led a senior business delegation to China. The delegation was accompanied by senior leaders from VSPO, the leading Chinese esports company, including Dino Ying, co-founder and CEO, and Danny Tang, co-founder, CFO and head of strategy.

Visiting Shanghai, Beijing and Chengdu, the delegation engaged with current and future partners in China’s games and esports industry. The visit further strengthened commercial partnerships between China, the world’s biggest esports market, and the Kingdom of Saudi Arabia, as it implements Vision 2030 and becomes a leading global hub for gaming and esports.

In 2023, Savvy, wholly owned by Saudi Arabia’s Public Investment Fund, invested $265 million into VSPO, becoming the largest international investor. Savvy’s long-term investment is helping VSPO to continue to deliver on its global strategy and accelerate the growth of mobile esports.

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The meetings in the visit also covered preparations for the inaugural Esports World Cup (EWC) which will take place in Riyadh in the summer of 2024.

HRH Prince Faisal bin Bandar bin Sultan Al Saud, Vice Chair of Savvy Games Group, said: “We learned so much from this trip. We will work with VSPO to connect global esports markets and build Saudi Arabia into the hub of the global esports and gaming market. Through long-term investment and capital deployment, we will build a sustainable and profitable global esports ecosystem.”

Brian Ward, CEO of Savvy Games Group, said: “China’s position as the largest esports market, with over 400 million fans and significant industry revenue, underlines the valuable role the Chinese market will play in supporting the continued development of Saudi Arabia’s thriving gaming and esports sector. This visit provided a valuable opportunity to strengthen Savvy’s connection with our partners at VSPO, as well as building our insights and network within one of the world’s foremost games and esports markets.”

Dino Ying, Chair of VSPO, said: “Two years ago, I communicated with Savvy for the first time in a Zoom call. At that time, I realized that although we were from two different markets, our ideas on technological innovation, the future of esports, player ecology and professionalization were very consistent. That’s why we were already thinking about how to cooperate, not whether to cooperate. Now we are more confident because we have a shared vision and a friendship, and we plan to make more innovation for the industry together with Savvy in the future.”

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Fun88 Introduces T20 World Cup Special Offers

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Fun88, the leading online gaming and sports betting platform, announced an exclusive offer for cricket enthusiasts and sports betting fans. As the T20 World Cup heads into the semi-finals and finals, Fun88 is raising the stakes with an unbeatable promotion. Bet during these crucial matches and claim up to INR 1 Lakh Free Bonus. This offer is the best chance to boost the bankroll before the biggest cricket showdown of the year.

This exclusive offer aims to elevate the excitement of the T20 World Cup betting, allowing participants to enjoy the thrill of the semi-finals and finals while earning rewards.

Here’s how to grab this incredible bonus:

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Sign Up or Login at Fun88: New to Fun88? Register for a free account and join the cricket extravaganza. Existing players, get ready to show the inner champion.

Step 2: Place Bets: Throughout June, place bets on any cricket match to accumulate entries. The more bets placed, the higher the chances of winning a bigger bonus. If missed, don’t miss the upcoming T20 World Cup semi-finals and final matches.

Step 3: Claim the Reward: After July 1st, Fun88 will credit the free bonus directly to the main wallet, based on the Accumulated Bet Amount (1st – 30th June). Get ready to use it on the T20 World Cup matches.

This limited-time offer highlights Fun88’s commitment to enhancing the T20 World Cup experience for the passionate community. With a focus on providing a top-notch betting experience, this unique T20 Cricket World Cup promotion not only guarantees money but also adds an extra layer of excitement to the tournament.

The post Fun88 Introduces T20 World Cup Special Offers appeared first on European Gaming Industry News.

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OKTO Expands its Advanced OKTO.CASH Payment Service in India

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OKTO has announced the expansion of its revolutionary real-time cash-to-digital closed loop payment service, OKTO.CASH, into the Indian market. This strategic move marks a significant milestone in OKTO’s mission to transform payment experiences for both merchants and consumers globally.

With the introduction of OKTO.CASH in India, online merchants now have the capability to offer cash-to-digital payments at hundreds of thousands of locations across India, focusing also on small cities. The first e-merchant is already benefiting from this service, with many more expected to follow throughout the year.

OKTO.CASH is now accessible through an extensive network of over 100,000 retail points. The company plans to extend its reach to more than 500,000 retail points by the end of the year, ensuring wide availability for consumers to complete their closed-loop cash-to-digital OKTO.CASH transactions.

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OKTO has a locally based dedicated team to support this expansion, ensuring the best possible service and assistance.

“This expansion underscores our commitment to delivering superior payment experiences at every transaction and in every region that requires such services. We are dedicated to empowering online merchants with enhanced payment service offerings, aligning with our strategy of being a last-mile expert and helping online merchants acquire new consumers,” Björn Katerbau, Chief Distribution Officer at OKTO, said.

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Gen.G Announces Partnership with LG U+

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Global esports organisation Gen.G Esports has announced a partnership with LG U+. The partnership comes on the heels of the two companies’ first collaboration to celebrate the 2023 LoL World Championship. The two companies will work closely together to strengthen fandom and innovate the customer experience. As part of the partnership, Gen.G Esports’ League of Legends pro team will feature the LG U+’s logo on their jerseys during the League of Legends Champions Korea (LCK) Summer season.

“We’re thrilled to be able to renew our partnership with LG U+ in such an innovative way. By leveraging all the data we’ve collected across our pro players and the thousands of students at the Gen.G Global Academy, we’re able to offer an even superior customer experience through our YOUR.GG data analytics platform to the millions of gamers that are customers of LG U+,” Arnold Hur, CEO of Gen.G Esports, said.

Through this partnership, the two companies will provide LG U+’s Uth members with a variety of members-only benefits, including a monthly subscription to Gen.G Crew and YOUR.GG player reports, to enrich their gaming experience.

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Fans will be able to interact directly with the League of Legends players who have led the teams to victory through the Gen.G Crew b.stage platform, as well as receive purchase tickets to fan zones at domestic fan meets and matches. Champion play analyses and player reports based on comparative data will also be provided through YOUR.GG, League of Legends data analytics service.

The post Gen.G Announces Partnership with LG U+ appeared first on European Gaming Industry News.

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