A report from Bloomberg indicates that Niantic, the developer behind Pokemon Go, is in negotiations with Scopely, the publisher of Monopoly Go, about a possible sale of Niantic's gaming division for approximately $3.5 billion. This deal could include the beloved title Pokemon Go, which previously gained immense popularity. While Niantic has faced challenges in achieving new successes, Scopely, backed by Saudi Arabia's Public Investment Fund via Savvy Games Group, is on a financial roll with Monopoly Go, raising concerns over their involvement due to the Saudi regime's controversial reputation.
Niantic is reportedly in talks with Scopely for a potential $3.5 billion sale of its mobile game division, including the hit Pokemon Go.
Scopely, owned by Saudi Arabia's Savvy Games Group, seeks to expand its influence in the gaming sector amid controversies surrounding its ownership.
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