Indian esports giant NODWIN Gaming has cemented its place in the global esports scene by becoming the majority shareholder of Evo, the world’s largest and longest-running fighting game tournament. The landmark deal comes after NODWIN acquired Sony Interactive Entertainment’s stake for an undisclosed amount, giving the company control alongside existing co-owner RTS.

Evo’s New Era Under NODWIN

For more than two decades, Evo has been the crown jewel of the fighting game community, hosting competitive tournaments for titles like Street Fighter, Tekken, and Mortal Kombat. By purchasing Sony’s stake, NODWIN is stepping into one of the most respected and historic corners of esports.

While Sony exits as a shareholder, it will not fully step away. The company will remain a global sponsor of Evo until at least 2028, ensuring continuity and brand support during this major transition.

Akshat Rathee, Co-founder and Managing Director of NODWIN Gaming, praised Evo’s deep roots within the fighting game community. “Evo was built by a team whose authenticity and passion are unmatched. We want to continue this great work and open the door for a new generation of players and fans,” he said.

Expanding Evo Around the World

Evo has seen explosive growth in recent years. In 2025, Evo returned to Japan, attracting nearly 30,000 fans. The tournament is also preparing to make its debut in Europe this October at Nice’s Palais des Expos, and in 2027 Evo is heading to Singapore for its first-ever Southeast Asia event.

With NODWIN’s ownership, Evo’s future looks even more global. The company has promised to fuel the growth of events, experiences, and content that reach fans across North America, Europe, and Asia. For a community that thrives on international representation, this expansion is a huge opportunity.

RTS and Qiddiya’s Expanding Influence

NODWIN is not alone in shaping Evo’s future. Co-owner RTS recently secured investment from Qiddiya, Saudi Arabia’s massive entertainment and tourism initiative backed by the country’s Public Investment Fund. Qiddiya has been steadily building its influence in global esports, forming partnerships with publishers such as PUBG Mobile and MOONTON.

While this investment brings financial stability and ambitious expansion plans, it also comes with controversy, as Saudi Arabia’s human rights record has drawn criticism from parts of the global gaming community.

What This Means for the Fighting Game Community

For fans of the fighting game community, this moment is both exciting and uncertain. On one hand, NODWIN’s acquisition ensures Evo continues to expand on the global stage, reaching new audiences and giving players more opportunities to compete. On the other hand, the new ownership and partnerships will be watched closely by fans who are protective of Evo’s legacy and authenticity.

One thing is clear: the future of Evo will look very different from its past. With new markets, fresh investment, and expanded global reach, the tournament is positioning itself for a new chapter in competitive gaming history.

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