BUSINESS & ECONOMY

Professor: Atlantic City casino business will be hit hard by COVID-19

BY Rhonda Schaffler, Correspondent |

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.