True Gamers Receives $45 Million in Funding

True Gamers, a renowned esports lounge developer, has successfully secured an investment of $45 million. The funds will be utilized to establish a network of more than 150 esports facilities across Saudi Arabia. Additionally, the company aims to host prominent international esports tournaments at these venues. Founded in 2019 by Anton Vasilenko and Vlad Belyanin, True Gamers currently operates 124 esports lounges in the UAE and Eastern Europe. According to Belyanin, "The Saudi Arabian expansion will significantly enhance True Gamers' global footprint and contribute substantially to the growth of the Kingdom's esports sector. At True Gamers, we prioritize the interests of esports enthusiasts and are proud to introduce new opportunities for them in the Kingdom, further developing the local gaming culture."