The gaming world is abuzz with news that Niantic, the company behind the immensely popular augmented reality game Pokémon Go, may be on the verge of selling its video game division. According to sources close to the matter, discussions are underway for a potential $3.5 billion acquisition by Scopely, a firm owned by Saudi Arabia's Savvy Games Group. While no official statements have been made by either party, insiders suggest that if the negotiations reach a successful conclusion, an announcement could be imminent.

Scopely has already established itself as a powerhouse in mobile gaming, known for titles such as The Walking Dead: Road to Survival and Stumble Guys. The addition of Pokémon Go to its portfolio would significantly bolster its presence in the market. This move aligns with Saudi Arabia’s broader strategy to become a global leader in the gaming and esports sectors. Since acquiring Scopely earlier this year, Savvy Games Group has demonstrated its commitment to transforming the industry and positioning Saudi Arabia as a key player in digital entertainment.

The ambition to elevate Saudi Arabia into a premier hub for gaming and esports by 2030 reflects a strategic vision aimed at fostering economic diversification and innovation. By leveraging the vast potential within these industries, the country seeks to enhance its offerings in entertainment and competitive gaming. This potential acquisition underscores the growing importance of the gaming sector and highlights the positive impact it can have on both the economy and technological advancement.