iBUYPOWER is returning to competitive Counter-Strike with the iBUYPOWER Masters FML 2026 tournament, a LAN event scheduled for September 25-27 at the HyperX Esports Arena in Las Vegas.

The Counter-Strike 2 event will feature eight teams competing for a $30,000 prize pool. Team invitations are expected to begin on July 6, while ticket sales are scheduled to open on June 23, making the invite list and public attendance details the next confirmed milestones for the event.

Tournament format and team allocation

The event is officially titled fl0m’s Mythical LAN, named after popular streamer Erik “fl0m” Flom. It is classified as a Tier 2 Americas VRS-ranked competition, placing it within the Valve Regional Standings framework used to track Counter-Strike 2 teams by region.

Six of the eight invited teams will come from North America’s VRS sub-region. The remaining two slots are reserved for teams from South America, giving the tournament representation from both regions within the Americas structure.

The competition will use a GSL group-stage format, with all group matches played as best-of-three series. The group stage will lead into single-elimination playoffs, which will also be played as best-of-three matches. The event will include a third-place match.

Prize distribution has also been set. The winning team will receive $12,500, the runner-up will earn $7,000, and the third-place team will take home $3,500.

Las Vegas venue

The tournament will be held at the HyperX Esports Arena, located inside the Luxor Hotel in Las Vegas. The venue has hosted a range of esports competitions and live gaming events, giving the tournament a dedicated LAN setting rather than an online-only format.

iBUYPOWER has previously used the FML format. An earlier 2026 edition of the event was won by M80. The current edition builds on that prior event, with organizers describing it as featuring broader international representation and community-driven accessibility.