Dubai Media Office and TECOM Group have mutually announced Dubai X-Stadium, the region’s first committed esports stadium which will establish Dubai as a regional and global hub for hosting video gaming events.
The mutual initiative was supported by Crown Prince of Dubai and chairman of the board of trustees of Dubai Future Foundation, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, under the Dubai 10X initiative.
Dubai X-Stadium is constructed to value the $99.6 billion video gaming industry. Esports events lie at the conjunction of the media, gaming, and entertainment industries.
Global revenues are calculated to reach $1.5 billion by 2020 and Dubai X-Stadium will be located to play a main role by hosting world-class esports events, a statement stated.
Director general of the Dubai Media Office, Mona Ghanem Al Marri mentioned, “We are living in a world where digital culture is reshaping all aspects of life, including sports. This has led us to develop the concept of Dubai X-Stadium, which will consolidate Dubai’s status as a key digital economy hub.”
He also said, “The idea aims at attracting millions of esports gamers, spectators and enthusiasts from around the world and offering them unique on-line and in-person experiences.”
CEO of TECOM Group, Malek Al Malek, stated, “TECOM Group, a member of Dubai Holding, is proud to take part in conceptualizing the Dubai X-Stadium, where we seek to attract and harness the creativity, talent and innovation of young generations, which is largely in line with our strategic vision in TECOM Group.”
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