CSGO reality show Gamerz fails to pay out the winners

A Swedish entertainment reality show named Gamerz garnered a lot of news with their initial announcement. With the likes of Spawn involved in the project, the show was supposed to be a new project with high chances to be successful. However, that being said Gamerz has now announced that they will be unable to pay for the show winners.

The initial report, by Flickshot, mentions the presence of a financial problem for the company as they were unable to foresee the expenses of actually running an esports team. The lack of proper funding meant that the company was unable to fulfil their promises. They have notified the contestants and are now working on forming an adequate compensation for the participants. The players were then promised 100,000 SEK ($12,025) in lieu of the contract—but that has yet to be fully paid.