In a historic move for the global esports landscape, the International Esports Federation (IESF) and the Global Esports Federation (GEF) have officially signed a Memorandum of Understanding (MoU) during the GEF’s Riyadh Global Esports Games. Chris Chan, President of GEF, and Prince Faisal bin Bandar bin Sultan Al Saud, President of IESF, actively signed a collaboration, establishing a strategic partnership to foster growth and create new opportunities in the dynamic world of esports.
The signing ceremony, a highlight of the Riyadh Global Esports Games, gained even more significance as Ng Ser Miang, the Vice President of the International Olympic Committee, actively witnessed it, signalling the increasing recognition of esports on the global sports stage.
The primary objective of the MoU is to “drive advancement and deliver new opportunities across the global esports ecosystem.” While specific details regarding the impact of this collaboration remain sparse, both federations have expressed their commitment to pooling resources and expertise in key areas.
This partnership signifies a departure from the traditional competitive approach between sports organisations. Instead of vying for attention and support, the GEF and IESF have chosen to unite their efforts towards a shared goal of enhancing the perception of esports globally.
One noteworthy aspect of this collaboration is the potential for a merger between the two federations in the future. Prince Faisal bin Bandar bin Sultan Al Saud, a pivotal figure in both organisations, serves as the President of IESF and concurrently holds the position of Vice President at the Global Esports Federation. This dual role positions him at the nexus of these influential entities, paving the way for closer cooperation.
Commenting on the collaboration, Prince Faisal stated, “At a time when esports possibilities and potential are limitless, the enduring advancement, sustainability, and prosperity we envisage relies on vibrant partnerships that positively influence our industry’s trajectory—now and in the future. Today is not only a welcome reminder of this reality; it is the start of an exciting new phase in the realm of esports cooperation, one where collectivism instigates a new wave of evolution.”
While the full impact of this collaboration remains to be seen, the alliance between the IESF and GEF is undoubtedly a significant stride towards the collective advancement of esports. As the esports industry continues to break boundaries and captivate audiences globally, this collaboration is poised to play a pivotal role in shaping the future trajectory of competitive gaming.