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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
Comparable

More quotes by John Warren Kindt

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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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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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We beat the Great Depression without lotteries and legalized gambling
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If you want your 401k to come back, recriminalize gambling
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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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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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Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
John Warren Kindt
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Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
John Warren Kindt
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The social costs, and the increased tax costs due to addicted gamblers, stay behind
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
John Warren Kindt
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Studies in Australia have verified this drain on the economy by video gambling machines
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Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
John Warren Kindt
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It's lose, lose for the taxpayer
John Warren Kindt
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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
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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Gambling is a catalyst for economic downturn
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The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
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The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt