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Future uncertain for CEO Dreamland tournaments

A look at the stage for CEO Dreamland. Tournament organizer Alex Jebailey wrote in a statement Tuesday he's reconsidering a 2018 event because of a $20,000 loss from the Easter weekend tournament earlier this month. Provided by Thomas Tischio

Community Effort Orlando is unlikely to host another Dreamland event following a near $20,000 loss on the event's first run on earlier this month in Orlando, Florida, tournament organizer Alex Jebailey wrote in a public statement on Facebook Tuesday afternoon.

Dreamland made its debut as a Super Smash Bros-focused event, hosting tournaments for each version of the game. The event attracted nearly 1,100 attendees, according to Jebailey's post, but failed to recoup costs put into the organization and production of the event -- notably live stream production, audio and video, staffing and more.

"Currently CEO likely shouldn't throw another Dreamland leading into CEO Daytona which I'm planning to feature Smash at with everything else," Jebailey wrote. "Daytona is set to be a revolutionary experience for CEO and the need to produce it successfully makes running any at-loss ventures in 2018 a bad idea."

In his post, Jebailey said one of the reasons for the lack of attendees in comparison to his flagship event, the annual Community Effort Orlando tournament in June, was due to scheduling. The event took place on Easter weekend, the same weekend as the annual Star Wars Celebration at Walt Disney World. These factors increased both hotel and travel costs for interested parties to attend.

"Overall everyone really seemed to enjoy the event which made me and the staff very happy," Jebailey wrote. "It was also a first time experience for a few people that has them wanting to come out to more events in the future. Financially it was sadly far from a success even with 1,100 total attendees and the first technical failing for CEO Gaming because I wanted to make it the quality tournament you could expect from the CEO brand."

Jebailey and his staff have run CEO events in the summer since 2010. Since their success with their flagship, the brand has expanded into an anime game-centric event, dubbed CEOtaku, which takes place in September. 2017 marked the debut of the Dreamland event, which was the third event in the series.