Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
No reputable economist anywhere believes it's gambling an economic tool
John Warren Kindt
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
John Warren Kindt
Tool
Believes
Anywhere
Tools
Economic
Believe
Reputable
Economist
Gambling
More quotes by John Warren Kindt
Studies in Australia have verified this drain on the economy by video gambling machines
John Warren Kindt
A study in Illinois in the mid-1990s found that 65 percent of businesses were hurt by the proximity of gambling
John Warren Kindt
Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
John Warren Kindt
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
John Warren Kindt
Bankruptcies increase 18 percent to 42 percent above the national average
John Warren Kindt
For every slot machine you add, you lose one job per year from the consumer economy
John Warren Kindt
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
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
Movies and Disney World don't create addicts
John Warren Kindt
It's lose, lose for the taxpayer
John Warren Kindt
Lotteries boost state revenues in the short run but don't feed the economy in the long run
John Warren Kindt
Legalized gambling is the leading cause of bankruptcy
John Warren Kindt
There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center
John Warren Kindt
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
27 percent to 55 percent of casino revenues come from problem or pathological gamblers
John Warren Kindt
And as far as jobs go, for every one job that the casino creates, one is lost in the 35-mile feeder market
John Warren Kindt
My bottom line is this is no time to be gambling with our economy
John Warren Kindt
The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
John Warren Kindt
The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
John Warren Kindt
The common mistake that business people make is they're going to get drive-by business...Only gas stations are helped
John Warren Kindt