Lawsuits allege that CEO of payment processor Xsolla misused company funds

One day after collaborating with Expert gaming group to provide financial support to developers in Saudi Arabia, Xsolla is now under fire because its CEO treats the company like his “personal piggy bank.” For BloombergSix former executives have filed lawsuits against Alexander “Shurick” Agapitov since 2019. Two of them have raised concerns about how he … Read more

Xsolla Partners With Savvy Games To Launch Development Academy In Saudi Arabia

Video game trading platform Xsolla has partnered with Savvy Games Group to create a game development academy in Saudi Arabia in an effort to “create economic opportunities” for Middle Eastern developers. By extension, this deal puts Xsolla in trouble with the state-owned Public Investment Fund, whose Crown Prince and Prime Minister Mohammad bin Salman was … Read more