Why did M5 change their name to Gambit Gaming?

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HeartlessXiao

Senior Member

01-18-2013

Basically the M5 organization couldn't support paying their salaries anymore. They got another sponsor in BENQ for a while, but ultimately it was only a temporary solution.


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Dazrix

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Senior Member

01-18-2013

Simply lost sponsors. So changed name.


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netkitten

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Senior Member

01-18-2013

m5 manager was arrested or something, basically they moved to another team, same people another team


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Kat Commander

Senior Member

01-18-2013

Because they are no longer part of Moscow 5......

M5 couldn't afford to keep a LoL team going, so they released them.


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Demagoguery

Senior Member

01-18-2013

Quote:
Originally Posted by Silmaril View Post
I think the team owner was sent to prison for ... something, and they were forced to 'disband'. The owner still holds the rights to the name 'Moscow 5', so they were forced to change the team name.
This is partially correct. Moscow 5 was created a while ago and had many teams on it, for various games such as CS and other, they even have a women's division of Moscow 5... Their owner went to jail and the sponsors of the LoL team freaked out, so they split off.


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Sundrah

Senior Member

01-18-2013

Quote:
Originally Posted by Demagoguery View Post
This is partially correct. Moscow 5 was created a while ago and had many teams on it, for various games such as CS and other, they even have a women's division of Moscow 5... Their owner went to jail and the sponsors of the LoL team freaked out, so they split off.
Do you know why the owner got arrested?


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Yordle Swordler

Senior Member

01-18-2013

Может быть потому что теперь все не живут в москве, или они не все русски.


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MostlySilent

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Senior Member

01-18-2013

The owner was arrested by the FBI for stealing millions of dollars through credit card fraud, I think there might've been identity theft and possible mob connections in there to, but I'm a lot shakier on that than I know he stole millions with credit card fraud and that it was the FBI that arrested him.


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CowInSpace13

Senior Member

01-18-2013

M5 organization dropped them as a team because their manager was stealing money from the organization.

They were picked up by the organization Gambit Gaming.

Most pro teams are sponsored and owned by major organizations. Curse and Dignitas for example


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Demagoguery

Senior Member

01-18-2013

Quote:
Originally Posted by Sundrah View Post
Do you know why the owner got arrested?
No, but it happened in Amsterdam under the behest of the USA.

It's on their website about why LoL team left.


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