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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
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John Warren Kindt
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More quotes by John Warren Kindt
The real loss by gambling is $180,000 to the consumer economy for each slot machine
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
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
For every slot machine you add, you lose one job per year from the consumer economy
John Warren Kindt
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
John Warren Kindt
Your social costs, your costs to the taxpayers, are $3 for every $1 of benefits, it's not good economic development
John Warren Kindt
Gambling is being subsidized by the taxpayers
John Warren Kindt
Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
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
Legalized gambling is the leading cause of bankruptcy
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
The common mistake that business people make is they're going to get drive-by business...Only gas stations are helped
John Warren Kindt
State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development
John Warren Kindt
Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
John Warren Kindt
If you want your 401k to come back, recriminalize gambling
John Warren Kindt
We beat the Great Depression without lotteries and legalized gambling
John Warren Kindt
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
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
What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
John Warren Kindt
Studies in Australia have verified this drain on the economy by video gambling machines
John Warren Kindt