Quote

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

John Warren Kindt

Change background

T
T
T

Change font

TAGS & TOPICS

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

More quotes by John Warren Kindt

Image
Another threat to stability is the rise of Internet gambling
John Warren Kindt
Image
My bottom line is this is no time to be gambling with our economy
John Warren Kindt
Image
27 percent to 55 percent of casino revenues come from problem or pathological gamblers
John Warren Kindt
Image
$60,000 spent in a consumer economy multiplies by respending into $180,000
John Warren Kindt
Image
The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
John Warren Kindt
Image
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
Image
The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt
Image
The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
John Warren Kindt
Image
Gambling is being subsidized by the taxpayers
John Warren Kindt
Image
The social costs, and the increased tax costs due to addicted gamblers, stay behind
John Warren Kindt
Image
The real loss by gambling is $180,000 to the consumer economy for each slot machine
John Warren Kindt
Image
Lotteries boost state revenues in the short run but don't feed the economy in the long run
John Warren Kindt
Image
Studies in Australia have verified this drain on the economy by video gambling machines
John Warren Kindt
Image
Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
John Warren Kindt
Image
No reputable economist anywhere believes it's gambling an economic tool
John Warren Kindt
Image
It's lose, lose for the taxpayer
John Warren Kindt
Image
What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
John Warren Kindt
Image
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
Image
When governments legalize and encourage gambling, they are creating addictions among their citizens
John Warren Kindt
Image
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