{"id":90442,"date":"2024-03-26T00:00:00","date_gmt":"2024-03-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/true-gamers-plans-usd-1-bn-e-sports-island-in-abu-dhabi\/"},"modified":"2024-03-26T00:00:00","modified_gmt":"2024-03-26T00:00:00","slug":"true-gamers-plans-usd-1-bn-e-sports-island-in-abu-dhabi","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/03\/26\/true-gamers-plans-usd-1-bn-e-sports-island-in-abu-dhabi\/","title":{"rendered":"True Gamers plans USD 1 bn e-sports island in Abu Dhabi"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Abu Dhabi could be getting a USD 1 bn e-sports island, courtesy of True Gamers: <\/strong>Gaming lounge operator <a target=\"_blank\" href=\"https:\/\/truegamers.world\/\" style=\"\" rel=\"noopener\">True Gamers<\/a> plans to build a dedicated USD 1 bn e-sports area in Abu Dhabi, which would be the first of its kind, <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/arts-culture\/pop-culture\/2024\/03\/22\/esports-island-plans-abu-dhabi\/\" style=\"\" rel=\"noopener\">The National<\/a> reports. No specific timeline has been set for the project.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Financing: <\/strong>True Gamers intends to allocate between USD 280-300 mn for the project, the firm\u2019s co-founder Vlad Belyanin told The National. The company is currently engaging in discussions with \u201chigh-profile investors\u201d to obtain the total funding required for acquiring the island and building the facilities, he added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Location: <\/strong>The planned project site is located between Al Bandar and Al Dana developments in Al Raha Beach, offering views of Yas Island on one side and residential developments of Raha Beach on the other.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gaming lounge operator True Gamers intends to construct a dedicated USD 1bn e-sports area in Abu Dhabi<\/p>\n","protected":false},"author":1,"featured_media":90443,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1557],"tags":[1360,7,25,1099],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-90442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-abu-dhabi","tag-enterpriseam-uae","tag-investment-watch","tag-true-gamers","wpautop","entry"],"acf":{"mongo_id":"f96507f2-44fb-4290-b7f9-fc1ad10e0ff6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/3\/2255.jpg","photo_position":"above","homepage_title":"","full_issue_title":"True Gamers plans USD 1 bn e-sports island in Abu Dhabi","related_issue":[90431],"teaser":"Gaming lounge operator True Gamers intends to construct a dedicated USD 1bn e-sports area in Abu Dhabi","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.01f6099f-5a72-43eb-b5b6-0747c59ffa10.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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