Saudi Arabia Shifts Billions in Gaming Stocks to Subsidiary

January 14, 2026 - 06:51

Saudi Arabia’s Public Investment Fund is set to transfer approximately $12 billion in shares from prominent gaming companies, including Nintendo Co. and Bandai Namco Holdings Inc., to its subsidiary, Savvy Games Group. This strategic move underscores the Kingdom's growing interest in the gaming industry and its commitment to diversifying its investments beyond traditional sectors.

The transfer of these assets is seen as part of a broader initiative to enhance the country’s presence in the global gaming market. By consolidating these shares under Savvy Games Group, the Public Investment Fund aims to leverage the booming gaming industry, which has seen significant growth in recent years. This decision aligns with Saudi Arabia's Vision 2030, a plan designed to reduce the country's dependence on oil and promote economic diversification.

With this substantial investment, Saudi Arabia is positioning itself as a key player in the gaming sector, potentially influencing trends and innovations in the industry. The move is expected to attract further investments and partnerships, bolstering the Kingdom’s role in the global gaming landscape.