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Is ESL Gaming Sale Good for Esports?
Is the Saudi-backed Savvy Gaming Group’s purchase of ESL Gaming good for esports, or is it a blow to fair competition?
By 
Daniel
SAUDI-BACKED INVESTMENT GROUP BUY ESPORTS COMPANY
ESL Gaming was once the largest esports organizer globally, with tournaments including the ESL Pro Tour, Intel Extreme Masters, and Dreamhack.
Savvy Gaming Group’s acquisition of ESL for a reported $1.05 billion sees the company merge with FACEIT, another esports platform the group has also bought.
The newly formed ESL FACEIT Group will see the companies combine their knowledge and expertise of organizing and running large esports tournaments for CS: GO, Rainbow Six: Siege, and StarCraft II.
The plan is to continue to build a gaming platform for everyone, with accessibility the critical focus.
Co-CEO Craig Levine said in a statement, “Our merger with FaceIt, along with the backing of SGG, will give us more know-how, capabilities, and resources than ever before to deliver on this vision.”
The decision to purchase the two groups as the world is beginning to recover from COVID-19 can not be ignored.
ESL FACEIT Group is expected to invest heavily in gaming and esports, which will only mean larger events, improved competition in tournaments, and more of the games you love.
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Fueled by a passion for gaming and the ever-evolving world of gaming news, Daniel loves connecting with seasoned and new players to bring games to life on the page, exploring their narratives and gaming trends. A self-published fiction and fantasy author, Daniel has nearly 20 years of experience writing gaming news and a love for storytelling that drives his enthusiasm to deliver breaking news, in-depth analysis, and industry innovations. You will find him in-game as "Windfell."
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