Multiplayer games and tournaments are now offering cash prizes, adding to the thrill of competing. To participate, a valid credit card or paypal account is required. And, a player must live in a state or country that has no laws against online gaming for money.
Gaming leagues are becoming professional and organize competitions where cash prizes are worth over US$ 100,000 in cash. These events are seen as business and marketing development opportunities. Hardware manufacturing giants like Intel sponsor gaming clans and see gaming world-wide as a profitable avenue for promoting their products. High-stake gaming competitions are popular, but the real fights occur behind the scenes, where companies spend millions trying to get their technology directly into the hands of gamers
Professional gaming has taken the world by storm and, LAN competitions are high-stake tournaments with a few gamers earning a living just competing. A professional gamer with a sponsorship plan in place can earn up to US$ 500,000 per year. Cyberathlete, Professional League, Gamecaster, Global gaming League, are some of the organizations that host competitions. The first professional gaming...
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