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The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction

John Warren Kindt

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John Warren Kindt
Gambling
Addiction
Alcohol
Impact
Drug
Economic
Socio
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More quotes by John Warren Kindt

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Gambling is a catalyst for economic downturn
John Warren Kindt
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No reputable economist anywhere believes it's gambling an economic tool
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27 percent to 55 percent of casino revenues come from problem or pathological gamblers
John Warren Kindt
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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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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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What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
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Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
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Movies and Disney World don't create addicts
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Bankruptcies increase 18 percent to 42 percent above the national average
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It's lose, lose for the taxpayer
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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
John Warren Kindt
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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.
John Warren Kindt
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When governments legalize and encourage gambling, they are creating addictions among their citizens
John Warren Kindt
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$60,000 spent in a consumer economy multiplies by respending into $180,000
John Warren Kindt
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The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
John Warren Kindt
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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
John Warren Kindt
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Gambling is being subsidized by the taxpayers
John Warren Kindt
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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
John Warren Kindt
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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
John Warren Kindt
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There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center
John Warren Kindt