VIE 29 DE MARZO DE 2024 - 06:34hs.
AGA report

Two month shut down would cost Atlantic City US$1.1 billion

The expansion of the coronavirus continues to generate significant economic losses in the different sectors of the international gaming industry. In this case, a report from the American Gaming Association informed that a two-month shutdown of casinos in New Jersey would cause a US$1.1bn loss in economic activity. Casinos in AC have extended employee health benefits as a form of support for their workforce.

The figure eleased in AGA’s report encompasses all direct and indirect economic activity associated with the casino industry, including gaming revenue, food and beverage, and hotel, but also the impact on suppliers, vendors, and workers.

Last week, Governor Phil Murphy ordered the closure of casinos in Atlantic City until it is deemed safe to reopen. The American Gaming Association says this will directly affect 32,987 employees in New Jersey.

“The impact on our employees, their families and communities is staggering, and the implications extend far beyond the casino floor,” said AGA President and CEO Bill Miller.

Casinos in Atlantic City have extended employee health benefits as a form of support for their workforce. They have also committed to providing temporary compensation solutions.

Source: GMB