True Gamers, the creator of esports lounges, has successfully secured a significant $45 million investment. The infusion of capital is earmarked for the ambitious initiative of establishing more than 150 esports clubs throughout Saudi Arabia.
True Gamers also plans to leverage the funds to host major international tournaments within its cutting-edge facilities.
Founded in 2019 by Anton Vasilenko and Vlad Belyanin, True Gamers has rapidly expanded its network, currently boasting 124 esports lounges across the UAE and Eastern Europe.
Belyanin emphasized the strategic importance of this expansion into Saudi Arabia, stating, “The expansion into Saudi Arabia will elevate True Gamers’ global presence and play a pivotal role in propelling the growth of the Kingdom’s eSports industry.”
True Gamers aims not only to create physical spaces for esports enthusiasts but also to contribute to the development of the gaming culture on a broader scale.
Belyanin expressed his appreciation for cybersport enthusiasts, emphasizing their commitment to bringing new opportunities to the Kingdom and taking the gaming culture to new heights.
The infusion of $45 million is expected to be a catalyst for True Gamers’ vision of fostering a vibrant esports community in Saudi Arabia and beyond.