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Posted: Monday, 12 May 2008 11:54AM

Study: Video Game Industry Promising for NYC Economy

NEW YORK (AP)  -- A new study shows that the growing video game industry holds out much promise for New York City's economy. But despite gains in the area, the study says, the city lags behind such established gaming hubs as Seattle, Los Angeles and Boston.

An analysis of New York City's video game sector was released Monday by the New York-based Center for an Urban Future.

If the city continues to develop its gaming industry, it says, it could generate hundreds, even thousands, of new jobs and help diversity the city's economy.

The report says New York City already has many of the ingredients necessary to further expand the gaming sector, including a thriving film, media and publishing industry.

More New York City news..


(TM & Copyright 2008 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO & EYE Logo TM & Copyright 2008 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report. In the interest of timeliness, this story is fed directly from the newswire and may contain occasional typographical errors.)
 
 
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