Paul Rouse: Saudis betting big on video games a sign of sporting times

As the Age of Oil comes to an end, Saudi Arabia is diversifying its economy

Electronic Arts (EA), the maker of some of the most successful video games across the past 50 years, was bought by an extraordinary group of investors for $55 billion. Pic: INA FASSBENDER/AFP via Getty Images

Modern sport has always offered ways for a global elite to indulge itself. From the 19th century, this elite hunted, golfed, played polo and sailed in competition with itself.

The truly rich never lost.