As we reported yesterday, Virgin is launching a new online tournament gaming service, Virgin Gaming, which lets joystick enthusiasts play popular titles like “Halo 3″ and “Madden NFL 10″ for cash and prizes on multiplayer services such as PlayStation Network and Xbox Live.
Now, it’s been announced that more than $1 million in prize money will be given away in the next year, courtesy of the firm, a joint venture between Branson and Canadian startup WorldGaming.com.
“The video game market is extremely competitive and overcrowded, but we see a big opportunity,” Branson told Game Industry TV, explaining his decision to enter the skill-based gaming business rather than publish software for PC, console or mobile platforms.
Tags: playstation · Playstation Network · video game tournaments · video games · virgin gaming · XBOX LiveNo Comments
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