Karma Gaming International will create up to 26 full-time positions over the next three years at its new development studio in Moncton.
“Creating jobs that will provide opportunities for talented New Brunswickers to work here at home is the foundation of our plan to grow our communities,” said Premier David Alward. “The subsector of gaming development, testing and compliance is developing into a niche industry in the Greater Moncton area, and Karma Gaming will be an excellent addition to this growing cluster."
The Nova Scotia-based company specializes in gaming products for the regulated lottery industry.
“Lotteries all over the world are looking to revitalize their product offerings and become relevant to a digital generation,” said Paul LeBlanc, CEO of Karma Gaming. “We are focused on meeting the needs of this demographic. Having access to the tech community in Greater Moncton and an experienced workforce in the regulated lottery industry is a tremendous advantage to our company.”
Invest NB will provide a payroll rebate of up to $350,000 over four years in support of the 26 positions. The investment by the province will contribute an estimated $1.4 million annually to the province's gross domestic product once all the positions have been filled.
Karma Gaming International creates gaming products for regulated lotteries designed for use on the web, as well as mobile devices such as smartphones and tablets. The types of positions to be created at its development studio in Moncton include game designers, programmers and HTML5 developers.
Invest NB is a Crown corporation focused on strategically developing foreign direct investment opportunities and encouraging job creation in New Brunswick. Guided by a private sector board of directors, its programs are designed to support and promote foreign direct investment by attracting new industries and supporting the expansion of existing industries within its core sectors.
For more information, contact:
Paul LeBlanc, CEO
Karma Gaming International
Moncton, New Brunswick, May 2014