It's a sad day in the gaming world as the Championship Gaming Series closes due to financial difficulties. The CGS was a worldwide gaming league primarily for Counter Strike Source, backed by large sponsors such as Creative, Mountain Dew, and Alienware.
As always, it is a bad day for the gaming community when a piece of it dies off, especially one that was doing so well. In the official words of the CGS:
Today, BSkyB, STAR, and DIRECTV ended their Championship Gaming Series (CGS).
While the concept was ahead of its time and we're extremely proud of what we've accomplished, it became increasingly clear as this ambitious project evolved, that profitability was too far in the future for us to sustain operations in the interim.
Our goal was to be ahead of the curve in the e-sports space, and we conceived of CGS as a true sports league. We invested wholeheartedly in the venture and presented viewers with a top-notch production, but the economics just didn't add up for us at this time.
Our only regret is that we will lose a team of creative and talented individuals who invested their hearts and souls into Champion Gaming Series. We recognize their achievements and thank them for their hard work and passion.
BSkyB, STAR, and DIRECTV continue to be committed to the video games sector, which is an important part of our customers' lives and a great source of entertainment.
The CGS Team
To visit the CGS website, perhaps for the last time, head on over to http://thecgs.com and pay your respects to this wonderful organization that offered so much to the community.