All publications for 08.06.2022
Tencent to launch new global version of Honor of Kings as China still holds freeze on its games
Tencent will roll out a new global version of its biggest hit Honor of Kings. The announcement comes amid ongoing regulatory pressure in China, as no new games from Tencent have been approved by the government in 11 months.
Saudi Arabia’s wealth fund invests $1 billion in Embracer Group, becomes its second-largest owner
Savvy Gaming Group, established by Saudi Arabia’s Public Investment Fund, has acquired a $1 billion stake in Embracer Group. This marks its second large investment in the Swedish games industry this year.