Quote

Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year

John Warren Kindt

Change background

T
T
T

Change font

TAGS & TOPICS

John Warren Kindt
Lost
Costs
Years
Video
Machines
Therefore
Cost
Economy
Year
Jobs
Gambling

More quotes by John Warren Kindt

Image
It's lose, lose for the taxpayer
John Warren Kindt
Image
If you want your 401k to come back, recriminalize gambling
John Warren Kindt
Image
Another threat to stability is the rise of Internet gambling
John Warren Kindt
Image
A study in Illinois in the mid-1990s found that 65 percent of businesses were hurt by the proximity of gambling
John Warren Kindt
Image
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
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
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
Image
Bankruptcies increase 18 percent to 42 percent above the national average
John Warren Kindt
Image
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
Image
State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development
John Warren Kindt
Image
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
Image
Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
John Warren Kindt
Image
Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
John Warren Kindt
Image
An Osage tribal study found that between $41 million to $50 million left a 50-mile radius around their own casino
John Warren Kindt
Image
While gambling addiction can be a social justice reason for some to ban gambling, the economic evidence suggests that the social and economic costs of gambling are $3 to the taxpayers for every $1 in benefits
John Warren Kindt
Image
Movies and Disney World don't create addicts
John Warren Kindt
Image
My bottom line is this is no time to be gambling with our economy
John Warren Kindt
Image
We beat the Great Depression without lotteries and legalized gambling
John Warren Kindt
Image
Gambling is being subsidized by the taxpayers
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