Quote

The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas

John Warren Kindt

Change background

T
T
T

Change font

TAGS & TOPICS

John Warren Kindt
Billion
Billions
Walking
Least
Casinos
States
Vegas
Gambling
Pockets

More quotes by John Warren Kindt

Image
Sociologists almost uniformly report that increased gambling activities, which are promoted as sociologically 'acceptable' and which are made 'accessible' to larger numbers of people will increase the number of pathological gamblers
John Warren Kindt
Image
$60,000 spent in a consumer economy multiplies by respending into $180,000
John Warren Kindt
Image
For every slot machine you add, you lose one job per year from the consumer economy
John Warren Kindt
Image
27 percent to 55 percent of casino revenues come from problem or pathological gamblers
John Warren Kindt
Image
Legalized gambling is the leading cause of bankruptcy
John Warren Kindt
Image
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
John Warren Kindt
Image
When governments legalize and encourage gambling, they are creating addictions among their citizens
John Warren Kindt
Image
Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
John Warren Kindt
Image
State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development
John Warren Kindt
Image
We beat the Great Depression without lotteries and legalized gambling
John Warren Kindt
Image
Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
John Warren Kindt
Image
If you want your 401k to come back, recriminalize gambling
John Warren Kindt
Image
Another threat to stability is the rise of Internet gambling
John Warren Kindt
Image
There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center
John Warren Kindt
Image
Movies and Disney World don't create addicts
John Warren Kindt
Image
The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt
Image
No reputable economist anywhere believes it's gambling an economic tool
John Warren Kindt
Image
Besides creating more compulsive gamblers, money spent on lotteries isn't spent on other goods such as clothing or computers, which would trickle through to retailers, manufacturers and other parts of the economy
John Warren Kindt
Image
Bankruptcies increase 18 percent to 42 percent above the national average
John Warren Kindt
Image
The real loss by gambling is $180,000 to the consumer economy for each slot machine
John Warren Kindt