This story was written and produced by NJ Spotlight. It is being republished under a special NJ News Commons content-sharing agreement related to COVID-19 coverage. To read more, visit njspotlight.com.
New Jersey’s hospitality industry could suffer long-term impacts from COVID-19 even after the pandemic ends, according to Dr. David Fiorenza, an assistant professor of economics at Villanova University. He says the casino industry in Atlantic City will have to rethink its business model, and he doesn’t rule out the potential closure of a casino. He believes there are other actions the state can take to help the economy, including eliminating the state sales tax.
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Villanova Professor: Atlantic City casino business will be hit hard by COVID-19 (video)
This story was written and produced by NJ Spotlight. It is being republished under a special NJ News Commons content-sharing agreement related to COVID-19 coverage. To read more, visit njspotlight.com.
New Jersey’s hospitality industry could suffer long-term impacts from COVID-19 even after the pandemic ends, according to Dr. David Fiorenza, an assistant professor of economics at Villanova University. He says the casino industry in Atlantic City will have to rethink its business model, and he doesn’t rule out the potential closure of a casino. He believes there are other actions the state can take to help the economy, including eliminating the state sales tax.