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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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Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
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What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
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27 percent to 55 percent of casino revenues come from problem or pathological gamblers
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Gambling is a catalyst for economic downturn
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$60,000 spent in a consumer economy multiplies by respending into $180,000
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The social costs, and the increased tax costs due to addicted gamblers, stay behind
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State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development
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Gambling is being subsidized by the taxpayers
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We beat the Great Depression without lotteries and legalized gambling
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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
John Warren Kindt
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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
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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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There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center
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Taxpayers would likely be responsible for treating addicts
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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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When governments legalize and encourage gambling, they are creating addictions among their citizens
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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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The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
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The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
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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
John Warren Kindt