Virgin Games Enters Video Game Wagering World

Virgin Online Casino has come into it's own with an offering that you feel confident playing just because you know the virgin logo is on the screen. Well the debonair billionaire Richard Branson has made another shrewd move and entered the world of video-game gambling which lets gamers wager real money on the outcome of virtual contests. Online-casinos.com wrote an article recently about a young entrepreneur by the name of John Maffei, who is the CEO of  Titan Gaming Inc. that has a similar idea on the go.
Virgin announced recently that it has officially launched Virgin Gaming. Headquartered in Toronto Canada that allows players to challenge equally skilled players to online video game contests for real money. Players put funds into a pool, using Virgin's online financial services, and the winner of the match takes home the prize pool.
Rob Segal, Virgin Gaming's chief executive officer, said that there are 40 million people already playing video games on the net through the Xbox 360 and PlayStation 3 consoles and all that they really have to do is tap into that market. "This is the next big thing." Segal said, adding, "It's the future of online gaming,"
Virgin Games is counting on the idea that video gaming is considered a game of skill and is not illegal under the laws of the USA and Canada. Only a few websites such as King.com, allows bets on matches of web based games of billiards, dominos, mahjong and backgammon, including others. Players place their wagers with their credit cards.
Virgin said it has entered into a partnership with Canadian company World Gaming and has renamed it Virgin Gaming. Segal explained, "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,"