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SNK Is Now 96% Owned By The Saudi Arabian Crown Prince

The company that made The King of Fighters XV and other classic 2D action and fighting games is pretty much fully owned by Saudi Arabian royalty. In late 2020, the company known as Electronic Gaming Development Company (EGDC), that is owned by Saudi Arabia crown prince Mohammed bin Salman, previously purchased a 33% stake and became SNK's larges...

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Guess Who Owns The Majority Of SNK Now?

Never thought we'd see a figurehead of a country take over one of the 90s most prominent arcade game-making companies. In recent news via Twitter's Gatoray_KOF, SNK's majority of shares has been purchased by the Saudi-based Electronic Gaming Development Company; about 33.3 percent. That's not all though: the Saudi Crown Prince, Mohammed bin Salm...

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