World number one player Ronnie O'Sullivan won the event, defeating Brecel 5‍–‍2 in the final, capturing his fifth professional title of the 2023‍–‍24 season.

John Higgins made an attempt in his second-round match against Mark Williams, potting all 15 reds with blacks, but lost position and missed the yellow to end the break at 120.

[3] In December 2019, World Snooker Tour (WST) announced a 10-year deal with Saudi Arabia, including ranking tournaments that will be hosted in the country.

[5] In January 2024, WST announced a new non-ranking tournament called the World Masters of Snooker, to take place from 4 to 6 March 2024 at the Boulevard Arena in Riyadh, Saudi Arabia.

[11][12] On 29 February, WST announced that the tournament was expanded to 12 players, with the addition of world numbers nine and ten, Ding Junhui and John Higgins.

It was also broadcast by Eurosport and Discovery+ in Europe (including the United Kingdom and Ireland); by Migu and Huya in mainland China; Now TV in Hong Kong; Astro SuperSport in Malaysia; TrueVisions in Thailand; Sportcast in Taiwan; Premier Sports Network in the Philippines; Sportstars and Vision+ in Indonesia; Skynet in Myanmar; Hang Meas in Cambodia; and DAZN in all other territories.

[8][14] The announcement of the event, hailed as a "huge breakthrough" by WST chairman, Steve Dawson, was met with criticism accusing Saudi Arabia of sportswashing.

Peter Frankental, Amnesty International UK's Economic Affairs director, said: "It was just a matter of time before Saudi Arabia's huge sportswashing machine sucked in snooker along with almost every other major world sport.

[17] The Daily Telegraph chief sports writer Oliver Brown described the Saudi invention as "warping the very rules of the game for its own hubristic ends", calling it "frivolous, tasteless, wretched".