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With demand low, restaurants at a quarter capacity, and conventions on hold, fewer jobs are needed for the casinos. The gaming industry reported a $112 million operating loss in the second quarter of 2020.<\/p>\n<\/div>\n
State lawmakers in Trenton are considering legislation that would provide the gaming industry with temporary tax breaks. The goal is to return laid-off workers to their posts.<\/p>\n
Bills being reviewed would lower gaming tax rates and fees the resorts are required to pay. Sponsors of the legislation — Senate President Stephen Sweeney (D-West Deptford) and Sen. Chris Brown (R-Ventnor City) — say the breaks could keep nearly $100 million next year in the casino operators’ pockets.<\/p>\n","protected":false},"excerpt":{"rendered":"
Atlantic City casinos continue to lay off workers amid the COVID-19 pandemic as the summer resort season comes to a close. The New Jersey Division of Gaming Enforcement (DGE) says as of September 1, the nine casinos employed 22,352 people. That’s a decline of 21.8 percent compared with August 2019, or 6,233 positions. Resorts are […]<\/p>\n","protected":false},"author":25,"featured_media":150666,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62],"tags":[],"acf":[],"yoast_head":"\n
Atlantic City Casinos Employing Nearly 22 Percent Fewer Workers<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n