Over the last few years Saudi Arabia's Public Investment Fund has become a significant presence in the games industry. It’s the owner of Monopoly Go creators Savvy Games Group, has stakes in Nintendo, Embracer Group, Capcom, and Take-Two, among many others,and most recently was involved in the $55 billion joint acquisition of Electronic Arts.
But all that spending may be catching up with the PIF, as a new report suggests that it is running low on cash for further investments. According to the New York Times (via GamesIndustry) the PIF is restricting operations under the eye of Crown Prince Mohammed, as numerous projects it has invested in are under "financial distress".
