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Movies and Disney World don't create addicts

John Warren Kindt

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John Warren Kindt
Addicts
Disney
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Gambling
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More quotes by John Warren Kindt

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Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
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27 percent to 55 percent of casino revenues come from problem or pathological gamblers
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A study in Illinois in the mid-1990s found that 65 percent of businesses were hurt by the proximity of gambling
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Gambling is being subsidized by the taxpayers
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The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
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Another threat to stability is the rise of Internet gambling
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$60,000 spent in a consumer economy multiplies by respending into $180,000
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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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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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Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
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It's lose, lose for the taxpayer
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No reputable economist anywhere believes it's gambling an economic tool
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The real loss by gambling is $180,000 to the consumer economy for each slot machine
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Taxpayers would likely be responsible for treating addicts
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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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I would hate to see the state of Wisconsin make another mistake and locate another casino in a high-density population area
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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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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
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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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When governments legalize and encourage gambling, they are creating addictions among their citizens
John Warren Kindt