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Fashionable Instances Group has reportedly offered ESL Gaming, its esports group, to Savvy Gaming Group for $1 billion, in response to the German information web site Handelsblatt. ESL Gaming operates among the largest esports tournaments on the earth, most notably ESL One.
Savvy Gaming Group is backed by the Saudi Arabian authorities’s Public Wealth Fund. The identical fund not too long ago bought the Newcastle United soccer membership.
ESL Gaming shaped in 2020 from the merger of ESL and Dreamhack, each of which have been owned by MTG on the time. Craig Levine and Ralf Reichert, co-CEOs of ESL, grew to become co-CEOs of ESL Gaming. Each have been main occasion operators within the house.
Different main esports match organizers embrace Main League Gaming, Gfinity, and Blast Premier. Nonetheless, none are as massive as ESL Gaming, particularly as soon as the aforementioned merger befell.
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