Scopely is considering various options to expand its portfolio. The Monopoly Go! developer has plans to make a huge acquisition with the help of its parent company Savvy Games Group.

Savvy Games Group, an investing firm established by Saudi Arabia’s sovereign wealth fund, continues its global expansion. The company plans to further partner with Japanese publishers on its way to building a game development hub in the Middle East.

New details have surfaced about the collapsed $2 billion deal that Embracer Group was supposed to close earlier this year. It appears that its partner was Savvy Games Group, an investing firm established by Saudi Arabia’s sovereign wealth fund.

Saudi Arabia’s Public Investment Fund (PIF) has no plans to stop its global gaming expansion. It has now increased its stake in South Korean / Japanese publisher Nexon.

It is no secret that Saudi Arabia is betting big on video games as part of its strategy to diversify the country’s oil-centric economy. Here is how much money it has already invested in the sector across the globe.

Saudi Arabia’s Public Investment Fund (PIF) continues its gaming expansion. In its latest move, it has increased its stake in Electronic Arts by 55%.

Savvy Games Group, established by Saudi Arabia’s Public Investment Fund, has announced its decision to acquire mobile developer and publisher Scopely. The company is best known for titles based on the Marvel and Star Trek franchises.