Savvy Games Group publishes its first annual report

• Inaugural public annual report offers insights and updates to Savvy’s diverse stakeholders
• Savvy’s extraordinary success has great significance for Saudi Arabia, says HRH Prince Faisal bin Bandar bin Sultan Al Saud, Vice Chairman, Savvy
• Report reflects PIF’s commitment to integrity, transparency and a strong governance structure

PIF-owned Savvy Games Group (Savvy), the leading games and esports company, has published its first annual report for 2023. The report underlines Savvy’s remarkable achievements, and provides useful insights into its operations and strategic initiatives to its stakeholders.

Key achievements highlighted in the report include the $4.9 billion acquisition of Scopely; the success of ESL FACEIT Group, through which Savvy is spurring the growth of world-leading esports experiences; and the expansion of Savvy’s workforce to more than 3,500 employees across 22 countries.

HRH Prince Faisal bin Bandar bin Sultan Al Saud, Vice Chairman, Savvy Games Group, said: “Savvy’s extraordinary success has great significance for Saudi Arabia. We are at the forefront of realizing the Kingdom’s vision to become a global hub for games and esports by 2030.  As the National Champion for Games and Esports, Savvy’s aim is to become a global leader across the entire games and esports ecosystem, and to support the ambitions of the next generation of games professionals, entrepreneurs, players, and fans.”

Brian Ward, CEO, Savvy Games Group, said: “2023 was a transformative year for Savvy.  Our investments and initiatives have expanded our global footprint and contributed to exciting developments within Saudi Arabia, and added significant shareholder value.  I would like to extend my gratitude to our Chairman for his wise counsel and leadership and our shareholder, PIF, for their unwavering support and guidance. This has enabled our exceptional business unit leaders to deliver tangible progress against our strategy, supported by the extraordinary efforts of the Savvy team. We have the right team, the right people, and the right governance structures and systems, and this gives me great confidence in our ability to accelerate our work and deliver on our strategy throughout 2024 and beyond.”

As well as showcasing PIF’s commitment to integrity, transparency and a strong governance structure, the report also underscored Savvy’s role in delivering Saudi Arabia’s National Gaming and Esports Strategy, which aims to establish 250 games companies that will create 39,000 jobs, and raise the sector’s GDP contribution to SAR 50 billion by 2030.