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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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John Warren Kindt
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More quotes by 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
John Warren Kindt
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Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
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Bankruptcies increase 18 percent to 42 percent above the national average
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Taxpayers would likely be responsible for treating addicts
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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
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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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$60,000 spent in a consumer economy multiplies by respending into $180,000
John Warren Kindt
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Gambling is being subsidized by the taxpayers
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We beat the Great Depression without lotteries and legalized gambling
John Warren Kindt
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Legalized gambling is the leading cause of bankruptcy
John Warren Kindt
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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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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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Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
John Warren Kindt
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No reputable economist anywhere believes it's gambling an economic tool
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It's lose, lose for the taxpayer
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When governments legalize and encourage gambling, they are creating addictions among their citizens
John Warren Kindt
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The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt
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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
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
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If you want your 401k to come back, recriminalize gambling
John Warren Kindt