You are currently viewing Budget 2023 Esports Allocation

Budget 2023 Esports Allocation

Kuala Lumpur, 7 October 2022 –  In line with the Budget 2033 announcement with reference to esports allocation, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has said that RM13 million will be allocated to esports.

With the announcement of the allocation, Head of Yoodo, Chow Tuck Mun says that:

“The esports industry is booming and more people are getting involved in the ecosystem directly, creating multiple job opportunities. It’s becoming a career option for youths today and is fast gaining recognition worldwide. It has also made its way into Asian Games and SEA Games demonstrating its growing popularity. We are glad that esports has received an allocation in the recent Budget 2023 announcement, allowing us to continue developing the industry and propel Malaysia to continue its journey towards becoming an esports hub for the region.”

Yoodo is one of the foremost players in esports, and has effectively branded itself as “the go-to telco” for gamers, intrinsically tying the brand to an array of different games, and gaming activities and communities. Yoodo has emerged as a recognised brand within the gaming sphere, and is the most popular telco in esports, dominating two of the most popular mobile games – PUBG MOBILE and MLBB.