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paragon casino draft roomAtlantic County Executive Dennis Levinson seen during a recent meeting. The program was initiated in response to casinos challenging their assessed resort values in the wake of the Great Recession and five casinos closing between 2014 and 2016.PILOT mandates that the casinos pay 0 million annually in state and local property taxes. (Image: Bloomberg)In a new report, the research firm notes that while the special administrative region’s (SAR) economy “has been the worst hit by the coronavirus gwinstar world casino non smokinglobally,” the casino hub maintains strong sovereign finances. doubledown casino oddsBut diversification efforts remain longer-ranging, according to Moody’s Investors Service. NOTE: This article has been updated to reflect that Assemblyman Armato said prior to Atlantic County Executive Dennis Levinson’s strong response to his casino property tax bill that the legislation was not final.Assemblyman John Armato (D-Atlantic), the lead sponsor of legislation to alter how property taxes for Atlantic City casinos are calculated, says the bill is a work in progress. “Why would you introduce a bill that’s nowhere near what they want? They got caught. pechanga casino news today

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