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Historic Prize Pool Marks Inaugural Esports World Cup in Saudi Arabia

The inaugural 2024 Esports World Cup (EWC), set to take place in Riyadh, Saudi Arabia, is poised to be a landmark event in the esports industry. With an unprecedented prize pool of over USD 60 million, the EWC is expected to redefine competitive gaming on a global scale.

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Esports World Cup / ELN

A Global Gathering for Gamers

Organized by the Esports World Cup Foundation, the EWC will host gamers, publishers, and fans from around the world for an eight-week competitive gaming extravaganza. The event will feature 19 popular esports titles, including Apex Legends, Counter-Strike 2, Dota 2, EA Sports FC 24, Fortnite, League of Legends, Rocket League, StarCraft II, Street Fighter 6, and Tekken 8. The competition aims to crown the ultimate Esports World Cup champion, with clubs selecting their preferred games and vying for top honors.

A Record-Breaking Prize Pool

Amidst financial challenges faced by the esports industry, the EWC stands out with its USD 60 million prize pool. The prize distribution includes player bounties with USD 50,000 MVP awards for individual competitions and over USD 33 million allocated for various game competitions. This substantial financial commitment signals a renewed investment in the future of global esports, offering life-changing opportunities for players.

Riyadh: The Heart of Esports

Scheduled from 3 July to 25 August 2024, the EWC will occupy over 645,000 square feet of venue space, featuring four distinct esports arenas. Organizers anticipate welcoming 2.9 million fans, who will also enjoy two music concerts and six drone and firework shows. This event is part of Saudi Arabia’s broader initiative to become a central hub for esports, following last yearโ€™s Gamers8 event with its USD 45 million prize purse.

The EWC has not been without controversy. The substantial investment in esports has raised concerns regarding Saudi Arabia’s human rights record, particularly concerning women’s and LGBTQ+ rights. Despite these criticisms, the EWC organizers emphasize that the tournament is funded by a combination of host nation funding and sponsorship deals, independent of Saudi Arabiaโ€™s Public Investment Fund (PIF).

Strategic Vision and Future Prospects

Aligned with Saudi Arabiaโ€™s Vision 2030 initiative, the EWC is a significant step toward making the country a global esports hub. Crown Prince Mohammed bin Salman highlighted this ambition at the New Global Sport Conference, underscoring the nationโ€™s commitment to offering an unparalleled esports experience.

A Diverse Roster of Competitions

The EWC will feature an array of competitions, each with unique formats and qualification processes:

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  • Apex Legends: The format and prize pool are yet to be announced, with assurances that all characters and cosmetics will be included.
  • Counter-Strike 2: Set from July 17-21, 15 teams will compete for a USD 1 million prize pool, including top teams like G2 Esports and FaZe Clan.
  • Dota 2: Returning as Riyadh Masters with a USD 5 million prize pool, featuring 20 teams.
  • EA FC 2024: Qualifiers from DreamHack events, with details pending.
  • Fortnite: Introducing a new competitive UEFN island experience.
  • Free Fire: Integrated into the official esports ecosystem, with an USD 1 million prize pool.
  • Honor of Kings: Hosting an invitational with a USD 3 million prize pool.
  • League of Legends: A third-party tournament without Riot Games’ involvement.
  • Mobile Legends: Bang Bang: Featuring MSC 2024 and MWI, with a combined USD 3.5 million prize pool.
  • Overwatch 2: Hosting 16 teams in partnership with ESL FACEIT Group.
  • PUBG Mobile: Mid-season event with a USD 3 million prize pool.
  • PUBG: Battlegrounds: Details on the PC counterpart event are still forthcoming.
  • Rainbow Six Siege: Format and prize pool yet to be disclosed.
  • Rennsport: Featuring the ESL R1 2024 Spring Season.
  • Rocket League: Details pending.
  • StarCraft II: Serving as the 2024 SC2 Pro Tour Championship with an USD 1 million prize pool.
  • Street Fighter 6: Top six players from EVO Japan to compete.
  • Teamfight Tactics: Format and prize pool yet to be revealed.
  • Tekken 8: Qualifiers from various tournaments, including Dreamhack Dallas.

Conclusion

The 2024 Esports World Cup in Riyadh represents a monumental leap for the esports industry. With its record-breaking prize pool and diverse range of competitions, the event aims to set new standards and inspire the global gaming community. Despite facing criticism, the EWC’s commitment to creating meaningful competitive opportunities is a significant step toward the future of esports.

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  • Leonid Shmatenko

    Founder of Esports Legal News, Leonid Shmatenko, stands at the forefront of legal innovation in the esports domain, crafting pathways through its unique regulatory and technological landscapes. With a rich tapestry of experience in esports and blockchain, Leonid provides astute legal guidance to esports associations, clubs, and entities, ensuring they navigate through regulatory, data protection, and technology law with finesse and foresight. Leonidโ€™s expertise is not merely recognized within the confines of his practice but is also celebrated in the legal community. Who’s Who Legal extols him as “an innovative thinker and an expert in CIS and esports disputes,” further describing him as an “outstanding arbitration practitioner with diverse experience and a broad network.” These accolades underscore his adept ability to navigate complex disputes and regulatory challenges, particularly in the vibrant and fast-evolving esports industry. At Esports Legal News, Leonid is not merely a founder but a pioneering force, ensuring that the esports industry is navigated with strategic legal insight, safeguarding its interests, and propelling it into a future where legal frameworks are not just adhered to but are also instrumental in shaping its evolution and growth. View all posts

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