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It's lose, lose for the taxpayer
John Warren Kindt
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John Warren Kindt
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Gambling
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More quotes by 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
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
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
The social costs, and the increased tax costs due to addicted gamblers, stay behind
John Warren Kindt
No reputable economist anywhere believes it's gambling an economic tool
John Warren Kindt
Bankruptcies increase 18 percent to 42 percent above the national average
John Warren Kindt
My bottom line is this is no time to be gambling with our economy
John Warren Kindt
Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
John Warren Kindt
If you want your 401k to come back, recriminalize gambling
John Warren Kindt
A study in Illinois in the mid-1990s found that 65 percent of businesses were hurt by the proximity of gambling
John Warren Kindt
Gambling is being subsidized by the taxpayers
John Warren Kindt
Lotteries boost state revenues in the short run but don't feed the economy in the long run
John Warren Kindt
Another threat to stability is the rise of Internet gambling
John Warren Kindt
When governments legalize and encourage gambling, they are creating addictions among their citizens
John Warren Kindt
Legalized gambling is the leading cause of bankruptcy
John Warren Kindt
State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development
John Warren Kindt
What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
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
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
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
John Warren Kindt