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When governments legalize and encourage gambling, they are creating addictions among their citizens

John Warren Kindt

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John Warren Kindt
Gambling
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More quotes by John Warren Kindt

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No reputable economist anywhere believes it's gambling an economic tool
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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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Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
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Bankruptcies increase 18 percent to 42 percent above the national average
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The real loss by gambling is $180,000 to the consumer economy for each slot machine
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27 percent to 55 percent of casino revenues come from problem or pathological gamblers
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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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Gambling is a catalyst for economic downturn
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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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Legalized gambling is the leading cause of bankruptcy
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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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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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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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Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
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The gambling interests like to point to the construction jobs, but those jobs go away
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For every slot machine you add, you lose one job per year from the consumer economy
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Taxpayers would likely be responsible for treating addicts
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Another threat to stability is the rise of Internet gambling
John Warren Kindt