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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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More quotes by John Warren Kindt
Legalized gambling is the leading cause of bankruptcy
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
Studies in Australia have verified this drain on the economy by video gambling machines
John Warren Kindt
The real loss by gambling is $180,000 to the consumer economy for each slot machine
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
The common mistake that business people make is they're going to get drive-by business...Only gas stations are helped
John Warren Kindt
$60,000 spent in a consumer economy multiplies by respending into $180,000
John Warren Kindt
It's lose, lose for the taxpayer
John Warren Kindt
The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
John Warren Kindt
Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
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
The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt
27 percent to 55 percent of casino revenues come from problem or pathological gamblers
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If you want your 401k to come back, recriminalize gambling
John Warren Kindt
The social costs, and the increased tax costs due to addicted gamblers, stay behind
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Another threat to stability is the rise of Internet gambling
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Lotteries boost state revenues in the short run but don't feed the economy in the long run
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Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
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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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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