Stockton University is one step closer to launching its new Esports Innovation Center that the institution hopes will help put Atlantic City on the map as a hub for the growing esports gaming industry.
The New Jersey Economic Development Authority and Stockton University on Tuesday signed a memorandum of understanding that greenlights the agency to provide $200,000 and additional staffing resources to the school to back the initiative.
The Esports Innovation Center will be housed at Stockton’s Atlantic City campus. There are no immediate plans for a new building for the center, Stockton University spokeswoman Diane D’Amicosaid.
Stockton’s Esports Innovation Center seeks to establish New Jersey, and specifically Atlantic City, “as the epicenter of esports growth,” according to the university.
The center will focus on promoting technology innovation, supporting workforce development in the esports sector and positioning Atlantic City as a leader in the esports industry. The hub will also support field research and development, product demonstrations and “thought leadership” in the sector.
It will work to identify best practices for regulating esports wagering, promote diversity and inclusion in the field, and establish healthy gaming practices for the industry. To do so, Esports Innovation Center will also collaborate with the state’s Division of Gaming Enforcement to craft such policies.
*Article courtesy of Philadelphia Business Journal
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