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THE ESPORTS ADVOCATE

Gamers8 Total Prize Pool Hits $45M USD

Also a new report reveals ESL will revamp Dota 2 circuit to stop in Saudi Arabia.

James FudgebyJames Fudge
March 7, 2023
in Events & Tournaments, Money
Reading Time: 2 mins read
Photo by ekrem osmanoglu on Unsplash

Photo by ekrem osmanoglu on Unsplash

The Saudi Esports Federation, organizers of the Riyadh, Saudi Arabia-based esports and gaming festival Gamers8, announced Tuesday that the total prize pool for the next event in July has been increased by $15M USD, with the total sitting at $45M. This is a $15M increase from the amount announced on Jan. 26 and also represents three times the $15M offered to competitors last year.

On a related note, a leaked ESL document obtained by Richard Lewis shows that a new Dota 2 circuit specific to the region is being planned. According to Lewis’ reporting, ESL will rework the Dota 2 circuit to add a brand new event called the “Riyadh Masters,” which quite obviously will take place in Saudi Arabia’s capital city. 

The proposal, which is described as tentative and subject to change, would merge DreamLeague, ESL One, and the Riyadh Masters into a new global circuit, across the next two years, and would include increased prize pools.

ESL is a division of ESL FACEIT Group, which is owned by Savvy Games Group and backed by the Saudi Arabian government’s Public Investment Fund. ESL FACEIT Group announced last week that it had acquired U.S.-based  esports tournament and production company Vindex, its Esports Engine, and data analytics divisions. 

 

Tags: Dota 2ESLESL FACEIT GroupGamers8PIFPrize PoolsRichard LewisRiyadhRiyadh MastersSaudi ArabiaSaudi Esports Federation
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James Fudge

James Fudge

With a career spanning over two decades in the esports and gaming journalism landscape, James Fudge stands as a seasoned veteran and a pivotal figure in the evolution of esports media. His journey began in 1997 at Game-Wire / Avault, where he curated gaming and community news, laying the groundwork for his expertise in the field. In his more recent roles, James cemented his status as an authority in the esports business sphere as Senior Editor Esports at Sports Business Journal and The Esports Observer between 2018 and 2021.

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