Texas Gets Into The Gaming Industry
News flash -- Texas is getting into the gaming industry!!!
Unfortunately for poker junkies, we're not using "gaming" in the euphemistic sense that gambling boosters use it. Instead it's in the video-gaming sense, of young people wasting and warping their lives by holing up in darkened rooms playing fantasy games while school, social skills and ability to think suffers.
So, good job, Texas!
Governor Rick Perry announced today that the state will be pumping $250,000 into a company that makes a 3-D game controller. Which is a whole lot better decision than rejecting a half-billion in stimulus funds because it might end up helping part-time workers.
The money will come from the state's Emerging Technology Fund and will go to AnaLogix, which is working with UT to commercialize their product.
While tossing out $250K may seem extravagant, it's not really a big investment from the ETF, which has given multi-million-dollar awards to companies through the years for such things as cybersecurity and health-care breakthroughs.
And now, for gaming.
Says the governor's office:
Entertainment software is one of the nation's fastest growing industries, adding $3.8 billion to the U.S. gross domestic product in 2006, and bringing in $9.5 billion in 2007. It is projected that the industry will support more than a quarter of a million American jobs this year.
Texas was ranked third nationally for the number of entertainment software jobs in the state between 2003 and 2007. To date, Texas' gaming industry has generated $409 million, with 2,824 jobs created and $179.3 million in production in 2008.
So play away, sleep-deprived kids.
You're not just blasting enemies in Halo, you're helping the Texas economy.