Franklin hits jobs jackpot - WSMV Channel 4

Franklin hits jobs jackpot

Posted: Updated:
FRANKLIN, TN (WSMV) -

Most forms of gambling are illegal in Tennessee, but a business that banks on the casino industry is joining a popular television network in finding homes in our state.

Video Gaming Technologies is just one example of how the city of Franklin is hitting the jackpot when it comes to jobs.

"We lease our product to a casino and share in winnings of those machines," said CEO Doug Edwards.

The company produces gaming machines for casinos in nine states across the United States and Mexico. Among its most popular products is video bingo, which is an increasingly popular form of gambling in many areas.

"We've got 120 openings currently, and more than that are coming in next 12 months," Edwards said.

Right now VGT only has its corporate offices in Williamson County, but it's making room for more, by planning to hire more than 100 engineers and IT staff.

Company officials said hundreds more jobs could soon come because the state of Illinois just approved gaming. They estimate Illinois to be a 50,000-machine market once it opens, so that will be equivalent to 10 Las Vegas casinos.

So why produce video gaming machines in a place that doesn't gamble?

It's the same reason MTV just moved its financial offices from New York City all the way to a corporate building in Cool Springs.

"This is a great place for companies to find talent. It's also a great place for companies to save costs," said Williamson County Economic Director Matt Largen.

Largen said nearby colleges are often providing the staff these companies are looking for.

But call VGT's fast growth a stroke of luck. Just a few years ago, VGT couldn't produce its machines here because of state laws.

But in recent years, Tennessee has loosened many of those gambling laws.

"And who knows? Maybe someday we'll even see more gaming in the state of Tennessee," Edwards said.

For more information on jobs available at Video Gaming Technologies, visit: http://vgt.net.

Copyright WSMV 2012 (Meredith Corporation). All rights reserved.

  • Recent HeadlinesMore>>

  • Police investigating fatal shooting at a Family Dollar

    Police investigating fatal shooting at a Family Dollar

    Sunday, July 23 2017 10:30 AM EDT2017-07-23 14:30:33 GMT
    (Credit WSMV)(Credit WSMV)

    Police are still investigating a fatal shooting that occurred at 546 South 6th Street around 11:17 p.m.  A black male in his early 20s was found lying in the parking lot with a gunshot wound to his head.

    More >>

    Police are still investigating a fatal shooting that occurred at 546 South 6th Street around 11:17 p.m.  A black male in his early 20s was found lying in the parking lot with a gunshot wound to his head.

    More >>
  • SUV wrecks onto parked train

    SUV wrecks onto parked train

    Sunday, July 23 2017 10:05 AM EDT2017-07-23 14:05:16 GMT
    (Credit WSMV)(Credit WSMV)

    An SUV traveling westbound on the I-440 ramp to I-65 North exited the ramp and fell about 60 feet, landing the car on railroad tracks. The Nashville Fire Department confirmed that part of the car landed on a parked train below. The driver was trapped in the car and officials had to free the driver with extraction equipment. 

    More >>

    An SUV traveling westbound on the I-440 ramp to I-65 North exited the ramp and fell about 60 feet, landing the car on railroad tracks. The Nashville Fire Department confirmed that part of the car landed on a parked train below. The driver was trapped in the car and officials had to free the driver with extraction equipment. 

    More >>
  • False fire alarm caused evacuation of Nashville International Airport’s control tower

    False fire alarm caused evacuation of Nashville International Airport’s control tower

    Saturday, July 22 2017 11:20 PM EDT2017-07-23 03:20:07 GMT
    Nashville International Airport (WSMV file photo)Nashville International Airport (WSMV file photo)

    A faulty detector caused a fire alarm to go off at the FAA tower and Terminal Radar Approach Control at BNA on Saturday just before 8:00 p.m. 

    More >>

    A faulty detector caused a fire alarm to go off at the FAA tower and Terminal Radar Approach Control at BNA on Saturday just before 8:00 p.m. 

    More >>
Powered by Frankly
WSMV
Powered by WorldNow CNN
All content © 2017, WSMV; Nashville, TN. (A Meredith Corporation Station) . All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.