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Organized by the Esports World Cup Foundation – and with the latest details announced on Tuesday – the EWC will bring together gamers, publishers and fans from across the world under one roof for an eight-week competitive gaming bonanza in Riyadh, Saudi Arabia.

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Clubs will be able to choose which games they participate in before the best performing team across the various championships will be crowned the ultimate Esports World Cup champion for the very first time.

can bsel algo limited (532123) maintain its valuation ✌️【Career Development】✌️ Expert predictions of stock trends with real-time stock indices, metals, energy, and agricultural product data to help you make efficient investment decisions. While other esports prize purses have shrunk due to well-reported financial struggles felt across the industry, the EWC boasts over $60 million in prize money, which will be broken down into different categories such as player bounties ($50,000 MVP awards per individual competition) and prizes for overall performance (over $33 million allocated for the game competitions).

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It also comes after a difficult period in which the industry saw large-scale layoffs, which included game developer and publisher Riot Games letting11% of its workforce goat the start of the year.

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can bsel algo limited (532123) maintain its valuation ✌️【Career Development】✌️ Free stock selection service with precise predictions of high-potential stocks to help you stay ahead in the market. Ralf Reichert, CEO of the Esports World Cup Foundation, hopes this new competition in Saudi Arabia can be a game changer.

“Setting the record for largest esports prize pool is a remarkable achievement, but what I’m most proud of is the positive message this sends to the wider esports and gaming community,” Reichert said in a statement.

“More than $60 million is a testament to our investment in the future of global esports, a commitment to esports fans who deserve exceptional events and an extension of our mission to create meaningful competitive opportunities with life-changing prize pools for esports players everywhere.”

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can bsel algo limited (532123) maintain its valuation ✌️【Career Development】✌️ Free break-even services with professional advisors to help you quickly recover and avoid losses, achieving steady growth. The event will have over 645,000 sq. ft. of venue space and features four separate esport arenas. Organizers say they expect to welcome 2.9 million fans through its doors, with the event to include two music concerts, as well as six drone and firework shows.

can bsel algo limited (532123) maintain its valuation ✌️【Career Development】✌️ Real-time global market indices and futures data to help you capture market opportunities and achieve stable growth. The EWC continues Saudi Arabia’s large foray into esports – following last year’sGamers8 event, which boasted a $45 million prize purse.

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Organizers say the EWC will not be funded by Saudi Arabia’s Public Investment Fund (PIF) but instead be made up of a combination of the host nation’s funding and sponsorship deals.

In 2023, Saudi launched ‘The National Gaming and Esports Strategy’ (NGES) which hopes to make the country the center of the competitive gaming world by 2030.

can bsel algo limited (532123) maintain its valuation ✌️【Career Development】✌️ Real-time updates of global stock, futures, and commodity market data to keep you in sync with the latest market trends. Announcing the event in October of last year, Saudi’s Crown Prince Mohammed bin Salmansaid at the New Global Sport Conference: “The Esports World Cup is the natural next step in Saudi Arabia’s journey to become the premier global hub for gaming and esports, offering an unmatched esports experience that pushes the boundaries of the industry.”

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