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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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John Warren Kindt
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More quotes by John Warren Kindt
A study in Illinois in the mid-1990s found that 65 percent of businesses were hurt by the proximity of gambling
John Warren Kindt
It is not economic development it's about taking money out of the consumer economy and shipping it off to Las Vegas
John Warren Kindt
An Osage tribal study found that between $41 million to $50 million left a 50-mile radius around their own casino
John Warren Kindt
27 percent to 55 percent of casino revenues come from problem or pathological gamblers
John Warren Kindt
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
Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
John Warren Kindt
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
Movies and Disney World don't create addicts
John Warren Kindt
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
There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center
John Warren Kindt
The common mistake that business people make is they're going to get drive-by business...Only gas stations are helped
John Warren Kindt
If you want your 401k to come back, recriminalize gambling
John Warren Kindt
It's lose, lose for the taxpayer
John Warren Kindt
Gambling is a catalyst for economic downturn
John Warren Kindt
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
The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
John Warren Kindt
Your social costs, your costs to the taxpayers, are $3 for every $1 of benefits, it's not good economic development
John Warren Kindt
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
John Warren Kindt
Lotteries boost state revenues in the short run but don't feed the economy in the long run
John Warren Kindt
Taxpayers would likely be responsible for treating addicts
John Warren Kindt