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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
Lose
Loses
Slot
Economy
Consumer
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Gambling
Jobs
Consumers
Every
Machine
Years
Add
Machines

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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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If you want your 401k to come back, recriminalize gambling
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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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It's lose, lose for the taxpayer
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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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Bankruptcies increase 18 percent to 42 percent above the national average
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Movies and Disney World don't create addicts
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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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$60,000 spent in a consumer economy multiplies by respending into $180,000
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27 percent to 55 percent of casino revenues come from problem or pathological gamblers
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Legalized gambling is the leading cause of bankruptcy
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Studies in Australia have verified this drain on the economy by video gambling machines
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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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State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development
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The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
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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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My bottom line is this is no time to be gambling with our economy
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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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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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Taxpayers would likely be responsible for treating addicts
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