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.

BY

Rhonda Schaffler

, Correspondent

|

March 19, 2020,

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.

Rhonda Schaffler

Correspondent

Rhonda Schaffler is NJTV\’s business correspondent, providing a daily report on New Jersey\’s top business and financial stories. Prior to working at NJTV, she worked as a journalist for Reuters, where she traveled extensively to cover financial stories including to Nigeria, Ghana and Chile. Along the way, she interviewed numerous government officials and CEOs. She also worked at CNN as a business anchor and reporter for several programs, covering the stock market and economy.

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