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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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The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt
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We beat the Great Depression without lotteries and legalized gambling
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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Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
John Warren Kindt
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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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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
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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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I would hate to see the state of Wisconsin make another mistake and locate another casino in a high-density population area
John Warren Kindt
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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
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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What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
John Warren Kindt
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The real loss by gambling is $180,000 to the consumer economy for each slot machine
John Warren Kindt
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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
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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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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Bankruptcies increase 18 percent to 42 percent above the national average
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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It's lose, lose for the taxpayer
John Warren Kindt