THE STEINITZ Chess Club from Belhar retained its title in Bloemfontein as the champion chess club in South Africa.
Steinitz defended the title it won in 2008 against 26 other teams from Gauteng, the Eastern Cape, Northern Cape and Free State.
The Steinitz team scored 22.5 points while Randburg notched up 21.5 and the Pretoria Chess Club scored 19.5.
The Steinitz team was led by Mark Lewis and included candidate master Calvin Klaasen, Fide master Shabier Bhawoodien, candidate master Lyndon Bouah, Craig Willenberg and Mark Lewis.
Steinitz also won three board prizes, with Lewis, Bhawoodien and Willenberg all receiving honours.
This was the third time that Steinitz has taken the title and the first time it has done so twice in a row.
You can make chess pay – if you have the drive and entrepreneurial spirit of Mark Levitt.
ChessCube, the online chess site which allows players of all skill levels to compete and learn chess, has concluded a $1.25m (R10.2m) funding agreement with Venture Capital fund InVenFin.
InVenFin is the VC-focused subsidiary of VenFin Limited, which invests in intellectual property-based start-ups with global potential.
With a potential market of over 50 million chess players in the world, ChessCube.com has already attracted more than 650 000 regis- tered users across 207 countries.
Levitt, CEO and founder of ChessCube, says: “We are delighted to have InVenFin on board as our partner. This investment allows ChessCube to focus on establishing itself as the world leader in online chess.”
InVenFin’s Stuart Gast stated: “ChessCube’s innovative product offering has impressed us, along with the strong team led by Mark.”
Vinny Lingham, CEO of San Francisco-based Yola.com, an early investor in ChessCube, added: “As a keen chess player myself, it is particularly exciting to be part of an innovative chess venture.
“This investment by InVenFin further highlights the potential of Cape Town as the technology hub of Africa – which I like to dub Silicon Cape.
“ChessCube has enor mous potential to dominate the massive global chess players’ market.”
ChessCube recently wrote itself into the history books when, during its sponsorship of the South African Open, along with the 300 participants at a Wynberg venue, three grandmasters and masters participated from a second venue in Melbourne, Australia.
Fide, the world chess federation, worked with ChessCube to ensure that the games, which were played across the internet, were officially rated.
This precedent could see tournaments using this technology in the future.