It took almost two days (and that says much of how interested they are on the topic), but Nintendo finally answered everybody’s question, WHY? Why retiring their license for Super Smash Bros. authorized eSport Tournament from Smash World Tour.

Well basically, they were not amused by what Smash World Tour offered as part of their 2022 and 2023, additionally, implying that they were “not going according to their standards”.

Also, Nintendo claims that they did not enforce and would have not prevented Smash World Tour 2022 to take place and it was the organizer's decision to cancel the event.

The other important aspect, Nintendo denies that their decision was based on conversation with other parties and NAMED PANDA GLOBAL, another authorized SSB esport host which WST accused of being behind every landmine that they have stepped and provoked the closure of both 2022 and 2023 festivities.

Here is the whole statement:

“Nintendo would like to explain to all Super Smash Bros. fans and interested parties the background and rationale related to our decision to not grant a license to the Smash World Tour (SWT) for their upcoming activities.

Nintendo’s decision was solely based on our assessment of the proposals submitted by the SWT and our evaluation of their unlicensed activities. This decision was not influenced by any external parties such as Panda Global. Any partner that we grant a license to has to meet the high standards we require when it comes to the health and safety of our fans. It’s also important that a partner adheres to brand and IP guidelines and conducts itself according to professional and organizational best practices. We use this same approach to independently assess all partners. If we discover that a partner is doing something inappropriate, we will work to correct it.

When we notified the SWT that we would not license their 2022 or 2023 activities, we also let them know verbally that we were not requiring they to cancel the 2022 finals event because of the impact it would have on players. Thus, the decision to cancel the SWT 2022 was, and still is, their own choice.

We are open to partnering with other organizations and will continue to offer licenses for major tournaments outside of the Panda Cup. Panda Global will continue to be a key partner and we look forward to receiving proposals from other groups for tournament licenses. In the meantime, Panda continues to advocate on behalf of the Super Smash Bros. community, even to the point that Panda has advocated for other organizations and tournaments to work with Nintendo, such as The Big House and the organizers of the SWT to benefit the larger Super Smash Bros. community.

Nintendo cares about Super Smash Bros. fans and its community very much, and we hope to continue to hear their passionate feedback. We are committed to working hard to bring joy and fun to the community through tournaments while also ensuring we and our partners are operating in a manner that is positive and responsible.”

From a gamer point of view, they are not improving the lack of faith of esprit community at all.

UPDATE - 12/2/2022

Panda Global finally reacted to all this