Saudi Arabia is furthering its gaming hub ambitions with a record $55B deal for electronic arts. The investments in the gaming industry are being touted as avenues to diversify the economy, create jobs and attract international tourism.  Saudi Arabia has agreed to acquire Electronic Arts Inc. (EA) in a $55B leveraged buyout. The deal is a major milestone in the kingdom’s ambitions of becoming a gaming hub and works as a way to diversify the country’s economy away from oil.