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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
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More quotes by John Warren Kindt

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When governments legalize and encourage gambling, they are creating addictions among their citizens
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Bankruptcies increase 18 percent to 42 percent above the national average
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We beat the Great Depression without lotteries and legalized gambling
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Gambling is being subsidized by the taxpayers
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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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Lotteries boost state revenues in the short run but don't feed the economy in the long run
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Gambling has a zero-sum economic effect in its market and, like legalizing cocaine, the socio-economic costs of legalizing gambling overwhelm the benefits
John Warren Kindt
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The faster the gambling activity, the more highly addictive it is and the more addictive the gambling activity is, the more revenue it will generate for the industry
John Warren Kindt
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And as far as jobs go, for every one job that the casino creates, one is lost in the 35-mile feeder market
John Warren Kindt
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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
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Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
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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Legalized gambling is the leading cause of bankruptcy
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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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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If you want your 401k to come back, recriminalize gambling
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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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27 percent to 55 percent of casino revenues come from problem or pathological gamblers
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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There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center
John Warren Kindt