Branson, Virgin enter video game biz

Richard Branson has a history of turning industries on their ear. And now he has his eyes set on the video game world.

The billionaire entrepreneur’s re-entry into the gaming world with Virgin Gaming Tuesday caught a number of people by surprise. While it was hardly shocking that he’d want a piece of the $10.5 billion dollar industry, most expected Virgin would approach it from the publishing route.

Read more at Variety.com

Richard Branson gets into gaming

Billionaire business mogul Richard Branson blazed trails in the video game industry in the mid-1990s. Now he’s hoping to do it again.

Virgin Gaming, the new video game unit of Virgin Holdings, begins operations today, acting as a matchmaking and tournament service — s well as a vehicle for people to profit from their gaming skills via cash wagers. The company says it plans to give away $1 million in cash and prizes over the next year.

Read more at Yahoo! Games