PS3: A money making machine?

Your friendly Playstation 3 console could soon be evolving into something you could make money with — playing video games online, with what Virgin Gaming is offering.

Virgin Gaming, a global leader in online console gaming, is planning to give away more than 1 million dollars in cash over the next 12 months through video game tournaments in which you can compete from home with your PS3 console.

“People have been playing competitively for a very long time, ever since a guy picked up a rock and said he could throw it further than the guy next to him,” said Richard Branson, best known for his Virgin brand of over 360 companies.

“In the videogame space, the competitive gaming landscape has only been open to pros and the elite players. At Virgin Gaming, our mission is similar to what Sony is doing with PlayStation Move and Microsoft is doing with Kinect — we’re broadening the scope for everyone.”

So, keep an eye open: Virgin Gaming will team up with major game companies and sponsors to launch tournaments where thousands can compete and prizes such as — so typical of Virgin Gaming — a trip to the bottom of the sea!

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