Play At Your Own Risk: Virgin Gaming
Richard Branson stepped into the gaming industry and is taking it to galactic heights with Virgin Gaming. Are you ready?
Gamers love to talk smack. And apparently, nothing demonstrates superiority of
your skills like yelling “Your mom” into a microphone, directed at an individual on
the other side of the planet, right? At least that’s the way things used to be. Now, Virgin Gaming is giving gamers the chance to put their money where their big shit-talking mouths are.
Virgin Gaming is nothing new. The company co-founded by Zach Zeldin and Billy
Levy was originally called WorldGaming.com when it launched in 2007. Richard
Branson then stepped in with Virgin Group (big money) to acquire it in 2010. At that
time, WorldGaming boasted 30,000 registered users. Just this January, however, a report exclusively from VentureBeat showed that Virgin Gaming has officially hit one million registered users, approximately $7 million in cash prizes have been awarded, and more than four million game challenges have been exchanged between users. All the while Virgin Gaming pockets a 12% service charge off all winnings. That’s not too shabby at all, considering the hilarious and dauntingly impressive fact that a company founded on monetizing competition between users, operates against no one in the virtual gaming industry.