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After splurging on EA, Saudi Arabia's Public Investment Fund is reportedly tightening its pursestrings, due to 'financial distress' caused by numerous troubled projects (www.pcgamer.com)

submitted 14 hours ago by OldQWERTYbastard@lemmy.world to c/pcgaming@lemmy.ca

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I'm not comfortable having a unitary absolute monarchy sticking their fingers in my hobby.

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[–] elgordino@fedia.io 39 points 13 hours ago (2 children)

No surprise they’re running out of cash with the number of absurd mega projects they’re involved with. The EA purchase is pretty minor compared to those shambles.

[–] fonix232@fedia.io 13 points 12 hours ago

I just hope their mega-city bankrupts them to hell and back, twice.

[–] golli@sopuli.xyz 13 points 12 hours ago

I would even go as far and say that the EA purchase (price aside) is one that kind of makes sense compared to some other projects like the line or the absurd sums they are paying to individual athletes.

With all their sports washing and involvement in that area there might be synergies with all the sport game franchises EA has that can be leveraged.

And with them being focused quite a bit on tourism and hosting events having EA also helps on the esports side. Buying the publisher is basically buying the sports federation. Usually they can just bribe those, not straight up buy them outright.