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For every slot machine you add, you lose one job per year from the consumer economy

John Warren Kindt

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John Warren Kindt
Every
Machine
Years
Add
Machines
Lose
Loses
Slot
Economy
Consumer
Year
Gambling
Jobs
Consumers

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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
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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
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My bottom line is this is no time to be gambling with our economy
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The real loss by gambling is $180,000 to the consumer economy for each slot machine
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Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
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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
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We beat the Great Depression without lotteries and legalized gambling
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Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
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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
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Studies in Australia have verified this drain on the economy by video gambling machines
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Another threat to stability is the rise of Internet gambling
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When governments legalize and encourage gambling, they are creating addictions among their citizens
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What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
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Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
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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
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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
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No reputable economist anywhere believes it's gambling an economic tool
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State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development
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If you want your 401k to come back, recriminalize gambling
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