LONDON - January 25, 2011 - Tournament.com owner Mandalay Media Group today announced that it is accepting offers on the domain after deciding not to re-enter the skill gaming arena. In 2007, the site hosted pay-to-enter First Person Shooter (FPS) tournaments under license from Valve Software, operating their titles Counter-Strike and Half-Life. On launch it received huge press and was featured internationally in major gaming publications. Tournament.com was also reaching additional agreements with other major publishers and discussed a partnership with a US based Plc before deciding to close the site down due to financial pressures.
Richard Skelhorn and Alex Holt, Co-Founders of Tournament.com, said,“Tournament.com was an exciting opportunity and something that we really wanted to become a success. We operated with international player liquidity and were actively running pay-to-enter games every few seconds. We still believe there is a market for pay-to-enter video game tournaments, however due to the investment required in infrastructure and content licensing it is something that we have decided not to re-approach.”
Mandalay Media Group has restructured and changed direction, and since the closure of Tournament.com has gained significant experience, but understand that it requires much more investment than the company is able to provide.
The company receives requests from players every day to restart the service, and believes this is a significant opportunity for content holders to acquire a premium destination for multiplayer online gaming.
Mandalay Media Group believes interested parties from games publishers to poker sites can benefit greatly from the domain. The word 'Tournament' is very descriptive and generates over 5 million Google searches per month. It could be developed into a very powerful brand in the right hands.
The company will be reviewing reasonable offers that are received via the contact form on www.tournament.com .
# # #