Evo Enters a New Era as Saudi-Backed RTS Takes Full Control

The Evolution Championship Series (Evo) is now under the control of Saudi Arabia. 

With NODWIN Gaming and Sony no longer part of Evo, it begs the question: Will Super Smash Bros. return to Evo? What does the new ownership structure mean for the largest fighting game tournament?

How We Got Here

In August 2025, NODWIN Gaming became a majority shareholder in Evo after Sony was out of the picture, and here’s what NODWIN Gaming said back then: 

“We will continue [Sony Interactive Entertainment’s] great work and honour the legacy of everyone who has made it what it is today, while opening the door for a new generation to experience the spirit of Evo.”

Then, a month later, Qiddiya City, under construction in Saudi Arabia, acquired RTS, the company that operates Evo. 

“This milestone paves the way for setting new heights in the evolution of Evo toward achieving the aspirations of the fighting game community,” said Qiddiya CSO Muhannad Aldawood.

Now, RTS has taken full ownership of Evo. 

“We are proud of our legacy with Evo that started 5 years ago. We’re going to continue investing in the things that matter to our community, elevating and empowering members of the FGC and working diligently with our game developer partners to ensure that EVO benefits all involved parties," said RTS CEO Stuart Saw. 

So Now What? 

As mentioned, RTS now has complete control of Evo with Sony and NODWIN Gaming gone. 

Saudi Arabia continues to be heavily involved in esports through the Esports World Cup and the Esports Nations Cup. The Esports Nations Cup will be happening for the first time this year, with titles like Apex Legends announced. 

Saudi Arabia is also interested in purchasing MOONTON, the developer behind Mobile Legends: Bang Bang. MOONTON is also a publishing partner of the Esports Nations Cup.

Additionally, Saudi Arabia spearheaded a $55 billion deal to acquire Electronic Arts alongside Silver Lake and Affinity Partners. 

So, now that RTS owns Evo, will it expand? Will it go into other countries? Will Smash come back? 

Evo Japan and Evo Vegas in the US will be held over the coming months, so we’ll see firsthand whether there are any noticeable changes under the new ownership structure.