Nationwide Arena will lose money next year, management group says

The group that manages Nationwide Arena said not only will the facility lose money next year, a series of much-needed projects will dip into its operating reserve.

In its only public meeting of the year, Columbus Arena Management said today that it is anticipating a $110,041 loss in 2019.

The group's board also approved the arena's 2018-2019 budget, which expects nearly $23.11 million in revenue and $23.22 million in expenses.

Budgets for the arena are conservative, said Corrie Robbins, senior…

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