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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

John Warren Kindt

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John Warren Kindt
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More quotes by John Warren Kindt

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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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Bankruptcies increase 18 percent to 42 percent above the national average
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Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
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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
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Your social costs, your costs to the taxpayers, are $3 for every $1 of benefits, it's not good economic development
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The real loss by gambling is $180,000 to the consumer economy for each slot machine
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Another threat to stability is the rise of Internet gambling
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Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
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Legalized gambling is the leading cause of bankruptcy
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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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Movies and Disney World don't create addicts
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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
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For every slot machine you add, you lose one job per year from the consumer economy
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$60,000 spent in a consumer economy multiplies by respending into $180,000
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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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Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
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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
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Gambling is being subsidized by the taxpayers
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It's lose, lose for the taxpayer
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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
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