Saudi wealth fund boosts gaming bets with Capcom, Nexon stakes


SAUDI Arabia’s sovereign wealth fund deepened its bet on video games, fresh from a face-saving deal that turned around its investment in Activision Blizzard Inc.

The Public Investment Fund (PIF) disclosed stakes of more than 5% in two Japan-listed gaming firms: Capcom Co, the maker of the Street Fighter and Resident Evil franchises, and online games provider Nexon Co.

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