The PGA Tour, DP World Tour and the Public Investment Fund (PIF) have announced what they describe as a landmark agreement to unify the game of golf, on a global basis. The parties have signed an agreement that combines PIF’s golf-related commercial businesses and rights (including LIV Golf) with the commercial businesses and rights of […]

Saudi Arabia’s state news organisation says the oil-rich nation will spend an overall $37.8 billion  (€38.5bn) on the games industry. This amount will include around $13 billion on a “leading game publisher”. The cash will come from the kingdom’s Savvy Games Group which is owned by its Public Investment Fund (PIF) sovereign wealth fund, one […]