For a while we had been hearing about many investment groups that were founded by The Prince of Saudi Arabia, Mohammed bin Salman, as a way that the Kingdom is not relying on Petroleum for economic sustainability in the long term and have been investing in many markets.

Gaming has been a personal selective thing for Mohammed bin Salman as he is a fan of gaming and Seeking Alpha found out that Public Investment Fund, one of the main investment companies of the Prince, raised its stake on some markets, including Electronic Arts.

From 16.01 shares, the PIF now owns 24.81m which makes them 55% owners of Electronic Arts and with this, I remind you that the same PIF owns almost 97% of SNK and early this year, raised their presence on Nintendo owning 8% from previously more than 5%. 

Since last year, Axios suggested that either the PIF or the Electronic Gaming Development Company (another investment firm of the Crown Prince), will make a takeover of a gaming developer/publisher but nothing has surfaced yet.