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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
For every slot machine you add, you lose one job per year from the consumer economy
John Warren Kindt
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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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
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27 percent to 55 percent of casino revenues come from problem or pathological gamblers
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Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
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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
If you want your 401k to come back, recriminalize 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
Movies and Disney World don't create addicts
John Warren Kindt
No reputable economist anywhere believes it's gambling an economic tool
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We beat the Great Depression without lotteries and legalized gambling
John Warren Kindt
The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt
The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
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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
John Warren Kindt
Taxpayers would likely be responsible for treating addicts
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Gambling is a catalyst for economic downturn
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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 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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The social costs, and the increased tax costs due to addicted gamblers, stay behind
John Warren Kindt
Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
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