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It's lose, lose for the taxpayer
John Warren Kindt
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John Warren Kindt
Gambling
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More quotes by John Warren Kindt
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
John Warren Kindt
The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt
Lotteries boost state revenues in the short run but don't feed the economy in the long run
John Warren Kindt
When governments legalize and encourage gambling, they are creating addictions among their citizens
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
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
Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
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
Bankruptcies increase 18 percent to 42 percent above the national average
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
My bottom line is this is no time to be gambling with our economy
John Warren Kindt
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
Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
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
Legalized gambling is the leading cause of bankruptcy
John Warren Kindt
I would hate to see the state of Wisconsin make another mistake and locate another casino in a high-density population area
John Warren Kindt
If you want your 401k to come back, recriminalize gambling
John Warren Kindt
The real loss by gambling is $180,000 to the consumer economy for each slot machine
John Warren Kindt
Movies and Disney World don't create addicts
John Warren Kindt