Definitive agreement calls for the creation of an 11 country
exclusive HUB for video gaming and Esports
LOS ANGELES and RIYADH, Saudi
Arabia, May 23, 2018
/PRNewswire/ -- The Arab Esport Federation (AEF) and Global Esport
Resources (GER) today announced their partnership agreement signed
April 19, 2018. The twenty-five year
exclusive agreement calls for GER, a global Esport strategy,
planning and execution company, to own, develop and operate on
behalf of and in conjunction with AEF, a first ever all-inclusive
Esport gaming portal to aggregate and manage the Esport and video
gaming activities of the 11 member AEF countries.
The treaty, structured after the Arab Olympic League, creating
the Arab Esport Federation consisting of Algeria, Bahrain, Egypt, Jordan, Lebanon, Morocco, Oman, Saudi
Arabia, Libya, Tunisia, and United
Arab Emirates was signed in June of 2017. Headquartered in
Riyadh, AEF is creating a platform
to enhance the development of video gaming and Esports in the Arab
region and establishing a unified vision and strategy for youth
with a global perspective. One of the key objectives of the AEF is
to establish regional championships among the Arab youth and to
encourage them to participate in international tournaments.
HRH Prince Faisal bin Bandar bin Sultan
Al Saud of Saudi Arabia is
the President of AEF, Mr. Turki Al Fozan of Saudi Arabia is CEO, Mr. Ahmed Al Shaikh of Tunisia is Vice President and Mr. Ahmed Al-Taher from UAE is the
Secretary-General. Riyadh is the headquarters city for the
AEF.
"We are very excited to be partnering with GER in this
public/private effort to create the first ever single source HUB
for all things associated with Esports and video gaming. As Esports
moves toward becoming an Olympic sport there is a need for a coming
together of the industry with collaboration among countries, to
agree to clear rules, rights and duties practiced by organizations,
players and publishing companies. With the creation of the HUB we
have begun within our Federation to speak with one culturally
sensitive voice while creating a vigorous platform for local,
regional and international competitions and social interaction. The
power of this combined effort gives our youth access to
unparalleled opportunities otherwise inaccessible to a single
country or individual," said Federation President HRH Prince
Faisal bin Bandar bin Sultan Al
Saud.
"To create a single source HUB for AEF's 300 million people that
includes 80 million active gamers is a real honor," said
Tom Smith, GER's Managing Director.
"The shared revenue of the video gaming industry in AEF is
estimated at $3 billion for 2017.
Consolidating the gaming efforts across the 11 countries provides
many unique opportunities for integration and consolidation of
gamers, teams, platforms, equipment, streaming and sponsorship
efforts. By creating a consolidated single entity AEF is
essentially creating a one stop Esport market to rival the US and
Europe in scope and revenue."
The exclusive agreement calls for GER to own, build and operate
an all-inclusive digital HUB for all things related to gaming and
Esports within the AEF countries. This includes handling all AFE
local, national and cross country tournaments, team activities,
merchandising, sponsorships, and streaming and media rights. AEF
and GER will collaborate to aggregate users within the HUB from all
member countries in order to provide a combined audience for gaming
development and competitive platforms, chat rooms, training and
exclusive product access. The HUB will be the exclusive revenue
producing entity for AEF and its member countries. Operations
are expected to commence within 60 days.
"This is the Unicorn the industry has needed," said Jordan Rambis, Business Development Director for
GER. "Having a large integrated audience of like-minded gamers
across 11 countries sets the stage for new ways of thinking, of
monetizing, and of developing the industry. The HUB will allow us
to create an ecosystem that can function cohesively to deliver all
of a gamer's online needs: from the social power of Facebook, the
merchandising muscle of Steam, the viewing experience of Twitch, to
the tournament systems of Battlefy, all connected with gamer
profiles to earn rewards and have a seamless gaming experience. We
are going to deliver a truly unique integrated system for the
passionate gaming audience that is booming in all of these 11
countries."
ABOUT ARAB ESPORT FEDERATION (AEF)
Created in 2017 to emulate the Arab Olympic Federation, the Arab
Esport Federation consists of the countries of Algeria, Bahrain, Egypt, Jordan, Lebanon, Morocco, Oman, Saudi
Arabia, Libya, Tunisia, and United
Arab Emirates. AEF is creating a platform to enhance the
development of video gaming and Esports in the Arab region and
establishing a unified vision and strategy for youth with a global
perspective. HRH Prince Faisal bin Bandar
bin Sultan Al Saud of Saudi
Arabia is the President of AEF, Mr. Turki Al Fozan of
Saudi Arabia is CEO, Mr.
Ahmed Al Shaikh of Tunisia is Vice President and Mr. Ahmed Al-Taher from UAE is the
Secretary-General. Riyadh is the
headquarters city for the AEF.
www.arabesportfederation.com
ABOUT GLOBAL ESPORT RESOURCES (GER)
GER provides global Esport strategy, planning and execution.
Founded to service the needs of the burgeoning worldwide Esport
industry the Company is built on the experience and expertise of
its principals. Its team has broad experience in consumer product
and entertainment industries, specific Esport industry knowledge
and extensive international experience.
www.globalEsportresources.com
www.AEFHUB.com
Contact
Tom
Smith
Global Esport
Resources
702-868-9005
Photo -
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