Dubai Multi Commodities Center (DMCC), the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise, has launched the DMCC Gaming Center in support of the increasingly growing global and regional video games industry.
Currently standing at $1.8 billion, revenues generated by the gaming industry in the MENA region are expected to reach $5 billion by 2025.
Launched during the Dubai Esports Festival, the DMCC Gaming Center formalizes DMCC’s efforts in the gaming and esports space, creating a supportive environment in which all gaming and esports companies can thrive. DMCC is currently home to over 50 gaming companies, from game developers and producers to esports teams and tournament organizers.
The DMCC Gaming Center will be based in DMCC’s award-winning free zone, providing unparalleled access to a vibrant community of gaming industry peers to unlock new opportunities for collaboration. Gaming companies looking to expand their global reach and connect with audiences across the world will also benefit from DMCC’s fully digital setup process, world-class infrastructure, and commitment to increasing the ease of doing business.
“Gaming is one of the fastest growing industries in the world, with nearly 3.2 billion people playing and spending a combined total of $196.8 billion in 2022. The size and growth of the industry today is staggering compared to when video games first appeared in the 1970s. As our roster of gaming companies expands rapidly and as we see more of our DMCC Crypto Center members enter the blockchain gaming space, there is no better time to formalize our efforts by opening the DMCC Gaming Center. Through this facility, we will solidify Dubai’s position as a global hub for all forms of gaming and esports.”
Under the DMCC Gaming Center, members will have access to the wider esports community through regular events and esports tournaments and industry support from DMCC’s ecosystem partner YaLLa Esports, a leading esports organization in the UAE. Furthermore, members will have the opportunity to join gaming-specific acceleration and market entry programs through our ecosystem partner, AstroLabs, a leading tech ecosystem builder in the MENA region.
Earlier this year, DMCC partnered with the global VC firm Brinc to provide members with access to $150 million in funding through their accelerator programs ZK Advancer and The Sandbox Metaverse. Those programs will also be open to DMCC Gaming Center members developing games on blockchain and web3 technologies.