After just two seasons, the Championship Gaming Series has today announced its closure. The statement made it clear that the current financial climate was the reason behind CGS's disbanding: "...the economics just didn't add up for us at this time."

Calling itself "an idea that came too soon," the CGS staff re-assured the community that all the parties involved will continue to push forward the realm of video games: "Sky, STAR and DIRECTV continue to be committed to the video games sector, which is an important part of many of our customers' lives and a great source of entertainment."

The self-proclaimed world's first truly professional video gaming league, CGS caused an oceanic split between America and Europe by picking a series of non-traditional esports titles. Games included the already controversial CS:Source and World of Warcraft. Many fans will be glad to see the back of the Western hemisphere's first TV league.

The future of teams like 3D and compLexity are still open to speculation at this time.

Complete statement: CGS

Source: Cadred