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

John Warren Kindt

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

More quotes by John Warren Kindt

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What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
John Warren Kindt
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The common mistake that business people make is they're going to get drive-by business...Only gas stations are helped
John Warren Kindt
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My bottom line is this is no time to be gambling with our economy
John Warren Kindt
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I would hate to see the state of Wisconsin make another mistake and locate another casino in a high-density population area
John Warren Kindt
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Bankruptcies increase 18 percent to 42 percent above the national average
John Warren Kindt
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You bring in gambling into a major population base, and the more people you have going into a casino, the more people you have hooked on gambling
John Warren Kindt
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An Osage tribal study found that between $41 million to $50 million left a 50-mile radius around their own casino
John Warren Kindt
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Legalized gambling is the leading cause of bankruptcy
John Warren Kindt
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No reputable economist anywhere believes it's gambling an economic tool
John Warren Kindt
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The real loss by gambling is $180,000 to the consumer economy for each slot machine
John Warren Kindt
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A study in Illinois in the mid-1990s found that 65 percent of businesses were hurt by the proximity of gambling
John Warren Kindt
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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
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If gambling were banned, those social costs would drop, tax revenues from consumer goods would increase, and money would be pumped into the productive economic sector
John Warren Kindt
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We beat the Great Depression without lotteries and legalized gambling
John Warren Kindt
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People will spend a tremendous amount of money in casinos, money they normally would spend on refrigerators or a new car. Local businesses will suffer because they'll lose consumer dollars to casinos.
John Warren Kindt
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When governments legalize and encourage gambling, they are creating addictions among their citizens
John Warren Kindt
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State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development
John Warren Kindt
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Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
John Warren Kindt
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The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt
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Your social costs, your costs to the taxpayers, are $3 for every $1 of benefits, it's not good economic development
John Warren Kindt