Weep oh you gamers, it's the end of WCG

Once touted as the "Olympics" of cyber gaming, the World Cyber Games (WCG) is to breathe its last in 2014

Any of you remember the WCG? It used to be a big thing a couple of years back and was event touted as Olympics equivalent for gaming. For those of you who were or still are followers of it, its time to weep.

In a leaked email, World Cyber Games Inc. (WCG) CEO Brad Lee revealed that the company would not be organising any more tournaments and events from this year onwards. Let's be honest though, this is something we might have seen coming. The tournament has seen quite a number of setbacks, paring down its games and losing important sponsors.

(Picture sourced from WCG Malaysia's Facebook)

Monetising a problem?

Lee gave no hint as to why WGC had given up on organising tournaments, though he did say that WCG partners are still allowed to use the WCG brand after a decision made by the WCG committee.

"Although the brand has disappeared but WCG spirit will remain forever in the hearts of each player and fans," he said in the brief email.

Competitive gaming had a boom back in the mid 2000s with many companies dishing out quite a bit of sponsorships to gaming teams and events. It has dwindled since then, though specific games and segments have seen a slight resurgence (DOTA, LOL and Starcraft). Throw in that big problem of a faltering global economy and the dwindling fortunes of PC hardware makers, it's not hard to see why there's been an impact on its growth. you got to admit that with PC makers struggling to turn in profits, sponsorship for gaming events aren't exactly high on their list and organisers would definititely  truggle with the costs incurred in running gaming events.

Don't lose hop though. There might perhaps be a big name to prop up WCG and maybe bring competitive PC gaming back to its glory days. We'll keep you updated as we hear more.

[Source: LYN]