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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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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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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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Another threat to stability is the rise of Internet gambling
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The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
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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.
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27 percent to 55 percent of casino revenues come from problem or pathological gamblers
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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
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Movies and Disney World don't create addicts
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Legalized gambling is the leading cause of bankruptcy
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Gambling is a catalyst for economic downturn
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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
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If you want your 401k to come back, recriminalize gambling
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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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Taxpayers would likely be responsible for treating addicts
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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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What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
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The gambling interests like to point to the construction jobs, but those jobs go away
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It is not economic development it's about taking money out of the consumer economy and shipping it off to Las Vegas
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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
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