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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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John Warren Kindt
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Legalized gambling is the leading cause of bankruptcy
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The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
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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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Studies in Australia have verified this drain on the economy by video gambling machines
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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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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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Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
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It's lose, lose for the taxpayer
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Gambling is being subsidized by the taxpayers
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Movies and Disney World don't create addicts
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No reputable economist anywhere believes it's gambling an economic tool
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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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When governments legalize and encourage gambling, they are creating addictions among their citizens
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We beat the Great Depression without lotteries and legalized gambling
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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
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The faster the gambling activity, the more highly addictive it is and the more addictive the gambling activity is, the more revenue it will generate for the industry
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Gambling is a catalyst for economic downturn
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The real loss by gambling is $180,000 to the consumer economy for each slot machine
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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
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