Virgin Group is getting into the Internet video game tournament business, which is legal in all but 11 states because the video games are considered games of skill, not chance.
The new Virgin Gaming Web site, to be announced on Tuesday at the E3 video game industry show here, gives console video game players the chance to win large cash prizes for beating others at well-known PlayStation 3 and Xbox 360 games like Halo 3 and FIFA 10.
Visitors to Virgin can play free, or wager as little as $1. But if they bet, the winner receives twice the bet, minus Virgin’s commission.
To deter cheating, Virgin Gaming will determine the winner of each game automatically. The company has agreements with multiple game publishers to gain direct access to game results stored on the publishers’ servers.
Tags: playstation · video game tournaments · video games · virgin gaming · XBOX 3601 Comment
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[...] we reported yesterday, Virgin is launching a new online tournament gaming service, Virgin Gaming, which lets joystick [...]