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Virgin Video Gaming ?

6/16/10 - Virgin’s engaging founder and entrepreneur in chief, Sir Richard Branson, is renowned for identifying new and commercially exploitable trends, and his recent venture into video gaming  is a good illustration of his talents.
 
Virgin’s partnership and rebranding of Canadian-based World Gaming last week is described by Branson as having the potential to form an online competitive platform that allows video game players to wager cash they’ll win against their opponents, and that makes kit a sure bet.
 
To exploit the concept, Virgin has opened an office in Toronto for Virgin Gaming, which will follow a skill-gaming business model in which people challenge equally skilled players to online video game matches and wager on the outcome. All perfectly legal, even in legally complex North America.
 
Virgin Gaming’s first CEO, Rob Segal, says that there are 40 million people already playing video games over the Internet through the Xbox 360 and PlayStation 3 consoles.
 
All Virgin Gaming has to do is tap into it, he said.
 
“It wasn’t a question as to whether or not there was an industry out there, the question was who’s going to be the first person to figure out how to - in an automated approach - be able to offer a product like Virgin Gaming,” Segal explained to Canadian media reporters this week.
 
“This is the next big thing,” he said. “It’s the future of online gaming.”
 
In typically Branson style, the new Virgin company will make the enterprise attractive to players, initially investing over a million dollars in prize money for the online gaming tournaments it intends to organise as a promotional exercise.
 
Virgin Gaming has 42 employees, mostly held over from World Gaming, and will be opening another office in Santa Monica, California, Branson revealed. It will also have access to diverse stable-mates in the wider Virgin group.
 
College roomies Bill Levy and Zack Zeldin, who founded World Gaming, applied the concept of poker tournaments to the video gaming field in their initial business moves and soon found they had hit on a winner, attracting Segal as an investor – one who would subsequently present the idea to Virgin.
 
Segal immediately saw the potential, noting that in online poker, a busy night could see over a million and a half players online contesting tournaments. With console gaming, there are more than 40 million people playing Xbox and PlayStation online, delivering even greater potential if marketed effectively.
 
Virgin Gaming’s automated system allows gamers of all levels to play against each other by matching competitors through a skill rating. This protects players by allowing them to challenge members who are better than they are, but not worse.
 
Segal said that only the biggest video game titles with a clear definition of victory, such sports games, racing games and first-person shooters will be supported by Virgin Gaming.
 
While signing up for the service is free, Virgin Gaming will charge tournament management fees, he said.



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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