Connect with us

eSports

DMCC Publishes Latest “Future of Trade” Report on Gaming and Esports

Published

on

Reading Time: 3 minutes

 

Gaming revenues are expected to almost double by 2027 from 2021 in the Middle East and North Africa (MENA) region, reaching USD 6 billion, according to DMCC’s latest Future of Trade 2023 report titled “Gaming in the Middle East and North Africa (MENA): Geared for growth”. A young and digital-savvy population, high levels of digital connectivity, and government support are driving the region’s emergence as a consumer and creator hub.

Gaming and esports are both fast growing consumer segments, benefiting from rapid advancements in technology as well as broader and more inclusive audiences. The UAE and Saudi Arabia lead the region, supported by high income levels, strong digital engagement, and public investment initiatives. Globally, Asia Pacific constitutes the largest market share and China, the US and Japan are the largest individual markets.

The report gathers contributions from key industry leaders to establish the critical drivers of the industry’s accelerated growth in the MENA region and beyond. It also examines the impact on gaming and esports from a technology, culture and business perspective, covering global consumer trends, the emergence of MENA as a gaming and esports hub, and the key challenges that the industry needs to address to increase revenues further.

Guiding the global industry’s accelerated growth from nearly USD 200 billion in revenues in 2021 to USD 340 billion in 2027, the report outlines a set of key recommendations for governments and businesses, namely:

  • Diversify esports revenue streams from sponsorship to new direct-to-fan monetisation models – including digital merchandising, loyalty programmes and training platforms for amateur gamers – to boost revenues.
  • Develop appropriate regulatory safeguards to ensure privacy, security and safety online in the digital gaming ecosystem and provide a business-friendly environment – including smoother visa systems to allow esports professionals and audiences to attend live events – to attract talent into the region and elevate it into a global industry leader.

Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said: “Gaming has come to the fore of entertainment globally, driving rapid growth especially in the MENA region, which now constitutes 15% of the global player base. The rise of gamification in areas such as education, healthcare, and other sectors has demonstrated gaming’s role in facilitating economic activity more broadly. Ensuring the accelerated growth of the gaming sector will have a measurable impact on the future of markets around the world, as well as the future of trade. As DMCC seeks to solidify Dubai’s reputation as a global trade and economic hub, efficiently activating opportunities within the gaming sector will prove essential.”

Among the most closely watched segments is esports, which is expected to post revenue growth of 23.3% between 2019 and 2024 in MENA. Fuelling this is the region’s young demographic, engagement from international broadcasters and sponsors, and government support. Tapping into this economic potential, DMCC partnered with YaLLa Esports, the Dubai-based professional esports organisation, to launch the DMCC Gaming Centre in December 2022. The Centre supports the growth of the industry in Dubai by providing gaming businesses with access to global capital, leading industry talent, and an ecosystem that allows them to operate efficiently and with confidence.

Due to the UAE’s strong business environment and infrastructure, as well as its status as a gateway to the Middle East and Asia Pacific regions, various international gaming developers have set up their regional headquarters in the country. Ubisoft is based in Abu Dhabi, while the gaming giant Tencent set up its MENA HQ in Dubai along with Riot Games. In Saudi Arabia, the kingdom has included gaming as a core element of its Neom project and has already made investments worth over $1.7 billion on the gaming industry.

Continue Reading
Advertisement

eSports

Lim “Ulsan” Soo-hoon Fights off the Competition to Reign as TEKKEN 8 at 2025 Esports World Cup Champion, Securing Back-to-Back EWC Titles

Published

on

lim-“ulsan”-soo-hoon-fights-off-the-competition-to-reign-as-tekken-8-at-2025-esports-world-cup-champion,-securing-back-to-back-ewc-titles
Reading Time: 2 minutes

Lim “Ulsan” Soo-hoon has claimed the TEKKEN 8 at EWC 25 crown having beaten Yoon “LowHigh” Sun-woong in a 5-2 grand final finish. His victory secures DN Freecs their first win at EWC 25 as he takes home $250,000 of the $1,000,000 prize pool.

Lim “Ulsan” Soo-hoon had a strong run at EWC 25, losing just one series against Kim “Kkokkoma” Mu-jong in the first match of the second phase. From that point on, however, he went unbeaten on his way to the grand final, even taking down Kim “Kkokkoma” Mu-jong for revenge on his way back from the lower bracket.

In the semifinals, Lim “Ulsan” Soo-hoon booked his place in the grand final with a 5-3 finish over Kim “CherryBerryMango” Jae-hyun, securing his second EWC TEKKEN 8 grand final in a row. Ulsan showcased his mastery of Dragunov throughout the grand final, setting the scene with a decisive victory in the first set, before taking the title in the seventh set with a 5-2 win.

His grand final opponent, Yoon “LowHigh” Sun-woong, took down Team Vitality’s Jeon “JeonDDing” Sang-hyun in a 5-2 finish to lock his place in the grand final. The former EVO champion displayed his Bryan skills throughout the final against Ulsan, but it wasn’t enough to overcome the overall winner.

“I never expected this. I cannot imagine I would win again. I mean, this year I had a rough start; there was a nerf to Dragunov, I had a lot of difficulties – I wanted to prove myself on this stage, and I have done it,” said Lim “Ulsan” Soo-hoon. “It’s been like a dream to be here. Thank you to those who support me from everywhere, my team, my friends, all my partners, and especially the Kingdom of Saudi Arabia for making this the biggest tournament in the world.”

“I’m still hungry. I just want to make myself a legend,” said Lim “Ulsan” Soo-hoon.

Lim “Ulsan” Soo-hoon secured 1000 Club Championship points for DN Freecs, who, as a result, jumped up to joint-eleventh place in the Club Championship standings, with 1200 points. Despite having three players in the top eight, DN Freecs will only receive one lot of points.

It was a disappointing showing from Team Falcons in TEKKEN 8, as all three representatives were eliminated before earning any points. With only a few games left to earn points, Team Falcons had high hopes for TEKKEN 8. Elsewhere, Twisted Minds, who secured victory earlier in the day in PUBG, failed to make it two for two on Saturday, also failing to score points in TEKKEN 8 as Arslan “Arslan Ash” Siddique was eliminated by overall winner, Lim “Ulsan” Soo-hoon.

The post Lim “Ulsan” Soo-hoon Fights off the Competition to Reign as TEKKEN 8 at 2025 Esports World Cup Champion, Securing Back-to-Back EWC Titles appeared first on European Gaming Industry News.

Continue Reading

eSports

Twisted Minds Clinch the PUBG: BATTLEGROUNDS at 2025 Esports World Cup Grand Prize, in the Closest PUBG Final in Years Twisted Minds avenge their 2024 EWC disappointment with a nail-biting win in the PUBG: BATTLEGROUNDS competition at the Esports World

Published

on

twisted-minds-clinch-the-pubg:-battlegrounds-at-2025-esports-world-cup-grand-prize,-in-the-closest-pubg-final-in-years-twisted-minds-avenge-their-2024-ewc-disappointment-with-a-nail-biting-win-in-the-pubg:-battlegrounds-competition-at-the-esports-world
Reading Time: 2 minutes

Twisted Minds have secured the PUBG: BATTLEGROUNDS at 2025 Esports World Cup title after coming out victorious in one of the closest PUBG finals ever.

Twisted Minds claimed the title after a ridiculously close final, making up for their failed run at Esports World Cup 2024. The side came into that event as the favourites, having won PUBG Global Series 4 just weeks before heading to Riyadh, but failed to bring it home on the big stage. They would go on to have a very successful end to 2024, but the loss on the EWC stage was a major blip on their impressive year.

Now, at EWC 2025, they have done it, by claiming the championship they craved – and they did so in style in one of the toughest and hardest-fought PUBG grand finals ever. With 12 teams in contention for the overall win by the final game, they held on out with plenty of tenacity and solid plays throughout each game to scoop a high amount of placement points.

This year’s finals will go down in PUBG history as one of the closest ever, as heading into the final two matches, anyone inside the top 12 could have theoretically won the entire event. The intense action of match 11 saw our first breakaway side as Twisted Minds started to pull away, giving themselves a significant lead for the final drop. Twisted Minds would struggle early in the final match, with just two players having to survive to the final stages alone. Eventually, it was just Dmytrii “Perfect1ks” Dubenyuk alive, but it was enough for Twisted Minds to secure an incredible overall victory.

“I’m feeling great, I feel like I’m just thankful for my team, thankful to my family, thankful to my girlfriend, and to the whole Twisted Minds family. To the fans that are here, it was the most amazing tournament, because this crowd was cheering us on the whole event. And now we are finally World Champions,” said Aleksandr “BatulinS” Batulin.

ROC Esports’ Gabriel “sxntastico” Silva was named the SONY MVP, after a series of impressive performances during the PUBG: BATTLEGROUNDS championship. His 18 kills and 25 knockouts were instrumental in ROC Esports’ surprising performance that saw them top the table at multiple points throughout the event. He will receive an additional $10,000 and the MVP medal to recognise his achievements.

Twisted Minds earn 1000 Club Championship points for their victory; sending them firmly into Championship contention, having moved from 2200 points to 3200 points, just 1200 points behind the leaders. The win is Twisted Minds’ second battle royale victory in the space of two weeks, having won Call of Duty: Warzone in Week 5, keeping their late charge well and truly on.

With a third place finish for Team Falcons, they gain a crucial 500 points in the Club Championship, sending them back into first place with a 200 point lead over Team Liquid. Elsewhere, Virtus.pro, who had the lead entering the final day of PUBG, could only bring home 50 points, enough to keep them joint fourth with newly crowned PUBG champions Twisted Minds.

The post Twisted Minds Clinch the PUBG: BATTLEGROUNDS at 2025 Esports World Cup Grand Prize, in the Closest PUBG Final in Years Twisted Minds avenge their 2024 EWC disappointment with a nail-biting win in the PUBG: BATTLEGROUNDS competition at the Esports World Cup 2025. appeared first on European Gaming Industry News.

Continue Reading

eSports

From Street Fighter Glory to a Global Tetris Path: Inside the First-Ever Red Bull AFK Party

Published

on

from-street-fighter-glory-to-a-global-tetris-path:-inside-the-first-ever-red-bull-afk-party
Reading Time: 2 minutes

Mumbai turned into a gamer’s paradise as Red Bull hosted the first-ever Red Bull AFK Party – a one-of-a-kind celebration that brought together gaming, music, and culture in a way India has never seen before. Described by many as the coolest party for gamers, the night united the country’s top gaming creators, esports stars, and fans for an immersive, high-energy experience done the Red Bull way.

The party welcomed people the Red Bull way, with a real static Formula 1 car right at the entrance. Inside, the venue transformed into a playground for gamers: an adrenaline-pumping RC Racing Track hosted by Ocean Sharma, Red Bull Athlete V3nom’s Reflex Challenge to test reaction speeds, Retro Arcade Section with a life-sized PAC-MAN and Tetris arcade, while the Console Gaming Zone buzzed with intense matches in EA FC 25 and Street Fighter.

As the night wore on, the gaming gave way to a packed dance floor with sets from OG Shez and DJ Kaartl.

V3nom on Red Bull’s Push for Gaming in India

The Red Bull AFK put Red Bull’s gaming athletes at the heart of the experience, showing the brand’s commitment to growing the ecosystem. As V3nom summed it up:

“Red Bull is getting into gaming full-on, hosting a lot of events and bringing together top creators and gaming athletes at gatherings like Red Bull AFK. It’s a huge and positive step for the community. I’m really happy to see it, and I hope events like this continue because we have so much more to do for gaming in India, ensuring future generations can make the most of the opportunities ahead.”

When asked about his favorite part of the party, V3nom added: “I think my V3nom Reaction Challenge, because it combines a bit of fitness with reaction time, and tests your reflexes — which are essential for gaming.”

From Mumbai to Dubai – The Tetris Challenge

One activation that had everyone talking was the Tetris challenge, inspired by Red Bull Tetris. Here, players could stack their way up the leaderboard for a chance to represent India at the Red Bull Tetris World Finals in Dubai later this year — bringing a global competitive pathway right to the AFK floor.

Jonathan’s Championship Moment

Another highlight was the Street Fighter x BC One Dance-Off, a crossover where gaming skill met dancing. Four creators — Jonathan, Ocean, Sharkshe, and V3nom — each teamed up with a professional dancer for a two-part battle.

After Sharkshe edged past Ocean and Jonathan toppled V3nom in the semis, the grand finale saw Jonathan dominate in Street Fighter before his dance partner delivered a flawless routine to seal the win.

The post From Street Fighter Glory to a Global Tetris Path: Inside the First-Ever Red Bull AFK Party appeared first on European Gaming Industry News.

Continue Reading

Trending