State, taking on risk with 38 Studios deal, sets up hard goals to protect interests

FULL COUNT: Former Red Sox pitcher and 38 Studios founder Curt Schilling unveils a video game during a California showcase last month. /
FULL COUNT: Former Red Sox pitcher and 38 Studios founder Curt Schilling unveils a video game during a California showcase last month. /
Rhode Island has made itself a player in an unusual, high-risk venture to create well-paying jobs and establish a video game development cluster in Providence, now that the R.I. Economic Development Corporation board of directors has approved a $75 million loan guarantee for Curt Schilling’s company, 38 Studios LLC. Schilling, best known as a former…

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