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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

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The gambling interests like to point to the construction jobs, but those jobs go away
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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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Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
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And as far as jobs go, for every one job that the casino creates, one is lost in the 35-mile feeder market
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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
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If you want your 401k to come back, recriminalize gambling
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Bankruptcies increase 18 percent to 42 percent above the national average
John Warren Kindt
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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
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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A study in Illinois in the mid-1990s found that 65 percent of businesses were hurt by the proximity of gambling
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Gambling is a catalyst for economic downturn
John Warren Kindt
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Studies in Australia have verified this drain on the economy by video gambling machines
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
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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
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John Warren Kindt
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The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
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Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
John Warren Kindt