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
Therefore
Cost
Economy
Year
Jobs
Gambling
Lost
Costs
Years
Video
Machines

More quotes by 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
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.
John Warren Kindt
Image
Studies in Australia have verified this drain on the economy by video gambling machines
John Warren Kindt
Image
The social costs, and the increased tax costs due to addicted gamblers, stay behind
John Warren Kindt
Image
Your social costs, your costs to the taxpayers, are $3 for every $1 of benefits, it's not good economic development
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
Gambling interests hire lots of economists to do impact studies, but what you need is cost-benefit analysis, and you'll never see the industry finance those
John Warren Kindt
Image
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
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
Bankruptcies increase 18 percent to 42 percent above the national average
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
Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
John Warren Kindt
Image
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
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
There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center
John Warren Kindt
Image
When governments legalize and encourage gambling, they are creating addictions among their citizens
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
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
The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt
Image
My bottom line is this is no time to be gambling with our economy
John Warren Kindt