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Gambling is a catalyst for economic downturn
John Warren Kindt
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John Warren Kindt
Downturn
Catalyst
Gambling
Economic
More quotes by John Warren Kindt
The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
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
The social costs, and the increased tax costs due to addicted gamblers, stay behind
John Warren Kindt
Another threat to stability is the rise of Internet gambling
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
Lotteries boost state revenues in the short run but don't feed the economy in the long run
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
When governments legalize and encourage gambling, they are creating addictions among their citizens
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
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
What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
John Warren Kindt
There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center
John Warren Kindt
No reputable economist anywhere believes it's gambling an economic tool
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
We beat the Great Depression without lotteries and legalized gambling
John Warren Kindt
27 percent to 55 percent of casino revenues come from problem or pathological gamblers
John Warren Kindt
Taxpayers would likely be responsible for treating addicts
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