NHL Lockout Costing Buffalo Businesses

As the NHL lockout reaches its 11th week without resolution, Buffalo businesses are being hit hard by the lack of hockey-related business revenues.

U.S. Senator Kirsten Gillibrand urged the United States Small Business Administration to engage with small business owners in the Buffalo area regarding available assistance for their businesses during difficult situations.

During the winter months, Buffalo Sabres fans gather in downtown Buffalo for the 41 games each year, not including potential playoff games, eating at local restaurants and celebrating after the games.

At this time, the lockout has cost the local Buffalo economy nearly $2 million in hotel revenues alone, and with no end in sight is set to cost small businesses even more as games continue to be cancelled.