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343 Industries has announced the Halo 4 Global Championship - and slapped $500,000 down as prize money.It's a summer-long tournament with a grand prize of $200,000, and begins at the Rooster Teeth Expo in Austin, Texas, on 5th July and, on Xbox Live on 15th July.
Qualifying rounds will be held before a two-day Finals competition in Seattle from 31st August to 1st September.
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