Fort Worth City Council to consider giving $1.5 million incentive for video game company relocation - News Summed Up

Fort Worth City Council to consider giving $1.5 million incentive for video game company relocation


Overview: Fort Worth City Council is considering offering $1.5 million in incentives to attract a video game company to Fort Worth. A startup video game company is considering moving to Fort Worth — and the city wants to offer $1.5 million in incentives to lure it to the area. ProbablyMonsters Inc. is a startup video game company founded by Harold Ryan, former president and CEO of Bungie, Inc., the company that develops Halo games. Fort Worth City Council is expected to vote on the incentive package, which includes $1.5 million over five years, to the company, on March 21. Fort Worth City Council also approved $7 million in tax credits for an aerospace company to move a technology center to the city.


Source: Wall Street Journal March 17, 2023 22:38 UTC



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