Canada Cup 2013 lost $20,000, tournament probably won't return next year

Posted by Jonathan 'Catalyst' Grey • October 20, 2013 at 9:58 p.m. PDT

You may not be familiar with Lap Chi Duong, but you've likely heard of the event he runs.


While the Canada Cup has only been in existence since 2010, it's a name many people are familiar with in the fighting game community — for a variety of reasons.

Canada Cup 2013 lost a considerable amount of money though, about $20,000 CDN, Duong said in a recent interview with EventHubs.

It's unlikely that the tournament will return next year, Duong recently told us. "I told all my staff we're probably not going to be doing [another Canada Cup]," and he added that it takes a big toll on everyone to run the event every year.

"It's really not about the money sometimes," added Duong. "It's more about how much time I have to invest," he said noting that when he's putting so much effort into running a fighting game tournament, he's not able to put that into his business.

Lap Chi expressed that most people don't understand the amount of effort it takes to run a fighting game tournament.

"When I got married, I had about 450 guests at my wedding reception," said Duong. "Canada Cup is about 2x to 3x the work I had to do for my wedding."

Hit the jump to read on.

If you're losing money, why do you still run Canada Cup?

Considering the large financial investment and time spent, we asked a question probably on a lot of people's minds, why do you keep running fighting game events if you're losing money?

"I really love Street Fighter," said Duong. "I've been playing since Street Fighter 2 World Warrior came out and I love the competition, and love people getting hyped up to play each other.

"I do it for love of the game, and it's a great hobby," noted Lap Chi. He also said it gets his mind off of work.

He didn't do it just for his own personal enjoyment, though. Lap Chi is a big believer in his local scene and felt they had some great talent there that wasn't getting any recognition.

"I wanted Canadians to shine," said Duong. "We were never on the map, and no one was going to put us there. No one [around the world] even knew there was a scene in Canada," he said.

$8.95

A long running joke in the community has been $8.95, a reference to the 2011 Canada Cup stream which charged a fee to view the live video feed in HD, and have an ad-free viewing experience.

We asked Lap Chi why he charges a fee to view an HD stream for some of his events. "I'm just trying to recuperate some costs," Duong said. "It's already a big loss," and he added that without the stream fee — he'd be eating an even bigger hit to his pocketbook.

A big reason why Lap Chi ran another tournament this year is one of his business partners, Lawrence, offered to cover half of the losses for this year's event.

Duong of course wanted to have no losses, but with his business partner's promise to help, he went ahead again with this year's tournament.

"I just wanted to break even at least," said Duong. Unfortunately, that didn't happen, and this year's event ended up with a $20,000 loss.

You never know

We asked Duong if he could see the Canada Cup returning at some point in the future. "Possibly, as of right now I'm not sure. You never know," he said.

Duong mentioned that it's more likely they'd do some smaller events again, which they can "wing it" and have fun with, though.

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