Sony Interactive Entertainment (SIE) has sold its stake in Evolution Championship Series (Evo), an annual esports event that focuses exclusively on fighting games, to India-based NODWIN Gaming for an undisclosed amount.
NODWIN Gaming has become the majority holder of the Evo. NODWIN Gaming, a leading name in the South Asian gaming, esports, and youth entertainment industries, is backed by SIE’s parent, Sony Group Corporation.
Evo also announced strategic agreements with NODWIN Gaming, Qiddiya, Sony Interactive Entertainment (SIE), and RTS to drive its international expansion, engaging content, and immersive experiences through 2028 and beyond.
SIE will become a new global sponsor of Evo through 2028, and will continue its commitment to the fighting game community through the PlayStation Tournaments platform and key products currently in development that appeal to fighting game players.
Qiddiya, which became a global partner of Evo in 2024, announced that the company is investing in RTS, co-owner and operator of Evo, and will extend its global partnership with Evo through 2027.
Phil Rosenberg, SVP and Head of Global Partner Development & Relations at Sony Interactive Entertainment, said, “When SIE acquired Evo alongside RTS in 2021, our goal was to help the Evo community grow and spotlight the skills and passion of fighting game fans on a global stage. As SIE transitions to become an Evo sponsor, the momentum for Evo has never been stronger, following a successful Las Vegas event and upcoming expansion to new regions. We look forward to supporting the continued growth of Evo globally.”
Akshat Rathee, Co-Founder and Managing Director, NODWIN Gaming, said, “Evo was built by a team whose authenticity and passion for the fighting game community are unmatched. We will continue SIE’s great work and honor the legacy of everyone who has made it what it is today, while opening the door for a new generation to experience the spirit of Evo.”
Stuart Saw, CEO of RTS, said, “Teaming up with Qiddiya strengthens the future of RTS and what we’re building with Evo, an event that lives up to its name by driving real transformation in the fighting game community through new opportunities, deeper connections, and meaningful growth.”
Rick Thiher, General Manager of Evo, said, “In recent years, Evo hosted record-setting events in the USA and Japan, and our upcoming premiere in France is already breaking European records. These latest partnerships join the ongoing support from our global and regional partners in accelerating Evo’s expansion from hosting renowned live events to serving as a nexus point for fighting game culture worldwide.”
Most recently, Evo’s flagship event in Las Vegas attracted fans and competitors from more than 60 countries and crowned champions across 16 fighting game titles. The festival show floor covered 14 acres, featuring major brand activations from Chipotle as the presenting sponsor, alongside AT&T, PlayStation, Qiddiya, Nacon, Zenni, Red Bull, White Claw Zero Proof, Under Armour, Voodoo Ranger IPA, and Grand Archive TCG.
Beyond the US, Evo returned to Japan at Tokyo Big Sight and became the largest in-person tournament in the country’s history, with approximately 30,000 attendees. Evo will make its European debut at the Palais des Expos in Nice, France, on October 10-12, which has already broken a record for registrations. The event series is expanding to Singapore in 2027.
