Tag: sacrifice

Comment – Esportswashing, a necessary sacrifice for the mainstream?
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Comment – Esportswashing, a necessary sacrifice for the mainstream?

On January 24, the Saudi group Savvy announced the takeover and merger of ESL and FACEIT. But what does this mean for esports?The acquisition and merger of ESL/Dreamhack and FACEIT to form the Saudi Savvy Group surprised the esports community. Find out here why this transaction is both flattering and worrying. Welcome to the big ones A billion dollars for ESL and another 500 million for FACEIT are astronomical sums, but they also show the potential of esports. Having a new investor willing to pay so much money (regardless of their past) is an encouraging sign for an industry that is currently struggling with COVID. When one is supported by the Saudi government, one obviously does not lack money. Nevertheless, the amounts paid are astonishing, even for a country that has the secon...