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NODWIN Gaming Acquires Sony’s Stake, Becomes Majority Shareholder of Evo

by Sai Kiran
September 12, 2025
in Gaming
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“Crowd cheering at Evo 2025 Japan event, showing large audience and vibrant stage lighting.”
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NODWIN Gaming has officially become the majority shareholder of the renowned fighting game tournament Evo, following its acquisition of Sony Interactive Entertainment’s stake for an undisclosed amount. ([turn0view0])

Sony will continue its involvement with Evo as a global sponsor through the end of 2028. ([turn0view0])

Akshat Rathee, Co-founder and Managing Director of NODWIN, stated that the company aims to “honour the legacy” of Evo while bringing it to new audiences worldwide, maintaining authenticity and passion for the fighting game community. ([turn0view0])

Evo has been a flagship event in the Fighting Game Community (FGC), hosting major tournaments across the U.S. and Japan. In 2025 alone, its Japan event drew approximately 30,000 attendees. Evo is set to expand into Europe this October at the Palais des Expos in Nice. ([turn0view0])

The deal is expected to fuel further growth in “events, content, and experiences” across Europe, North America, and Asia. Evo is also planning a debut event in Singapore in 2027, marking its first Southeast Asia event under NODWIN’s leadership. ([turn0view0])


Why It Matters for Esports & AVGC

Key InsightImplication
Localized OwnershipAn Indian esports company leading a globally-known tournament shows regional expansion in esports ownership and influence.
Growth of FGC GloballyEvo expanding to Europe and Southeast Asia under new leadership strengthens the FGC’s international footprint.
Legacy + Innovation BalanceMaintaining Evo’s community roots while scaling up implies thoughtful stewardship—both heritage and modernization.
Opportunity for New Content & ExperiencesWith new ownership, the potential for content creation (documentaries, behind-the-scenes, digital experiences) and event innovations grows.
Tags: Evo majority stakeholderEvo tournament ownership changeNODWIN acquires EvoSony stake Evo sale
Sai Kiran

Sai Kiran

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