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The inaugural Esports World Cup (EWC) in Riyadh aims to solidify Saudi Arabia’s position as a premier hub for the gaming industry. It is backed by a substantial $60 million prize pool.
Key Investment. The tournament features a total prize pool exceeding $60 million.
The inaugural Esports World Cup (EWC) in Riyadh represents a significant shift in the global competitive gaming landscape, functioning as an Olympics-style, multi-genre tournament backed by a substantial $60 million prize pool. The event aims to solidify Saudi Arabia’s position as a premier hub for the gaming industry, supported by a broader $38 billion national investment strategy. The tournament spans eight weeks and features professional teams competing across diverse genres, including MOBAs, shooters, fighters, battle royales, and real-time strategy games.
Performance data from the opening week highlights the event's immediate impact on live-streaming platforms. Over five days and 61 hours of airtime, the EWC generated 27 million hours watched, peaking at 1.3 million concurrent viewers. Co-streaming proved essential to this reach, accounting for exactly 50% of total viewership. The audience demonstrated a global footprint, with English-speaking viewers leading the engagement, followed by significant contributions from Korean, Indonesian, Russian, and Portuguese-speaking demographics.
Genre-specific performance varied, with MOBAs dominating the viewership metrics. League of Legends led the field with 11 million hours watched, while Mobile Legends: Bang Bang also saw high engagement, underscoring the growing importance of mobile esports. In contrast, Call of Duty: Warzone generated 964,000 hours watched. By outperforming other 2024 multi-game events in both scale and average viewership, the EWC has established itself as a dominant force in the industry. The event’s success, bolstered by high-production pageantry and strategic influencer partnerships, sets the stage for a competitive comparison against traditional sports, including the upcoming Olympics.
Naavik · 2023