Qiddiya Takes Co-Ownership of Iconic Evo Fighting Game Tournaments

September 3, 2025 - 04:33

The long-running fighting game tournaments, known for their vibrant community and competitive spirit, are now co-owned by Qiddiya, a company backed by the Public Investment Fund (PIF) of Saudi Arabia. This significant development marks a new chapter in the history of the Evolution Championship Series (Evo), which has been a staple in the esports landscape since its inception.

Qiddiya’s involvement is expected to bring fresh investment and innovative ideas to the tournaments, enhancing the experience for both players and fans. The Evo tournaments, celebrated for showcasing top-tier talent in games like Street Fighter and Tekken, have attracted participants from around the globe, fostering a sense of camaraderie and competition.

With this new partnership, there are high hopes for the expansion and evolution of the tournaments, potentially leading to increased prize pools and global reach. As the esports industry continues to grow, the co-ownership could also pave the way for new opportunities in the realm of competitive gaming, further solidifying Evo's status as a premier event in the esports calendar.