Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
27 percent to 55 percent of casino revenues come from problem or pathological gamblers
John Warren Kindt
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
John Warren Kindt
Revenues
Casinos
Revenue
Gambling
Percent
Problem
Gamblers
Come
Casino
Pathological
More quotes by John Warren Kindt
Lotteries boost state revenues in the short run but don't feed the economy in the long run
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
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
$60,000 spent in a consumer economy multiplies by respending into $180,000
John Warren Kindt
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
John Warren Kindt
The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
John Warren Kindt
Gambling is being subsidized by the taxpayers
John Warren Kindt
Besides creating more compulsive gamblers, money spent on lotteries isn't spent on other goods such as clothing or computers, which would trickle through to retailers, manufacturers and other parts of the economy
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
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
When governments legalize and encourage gambling, they are creating addictions among their citizens
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 social costs, and the increased tax costs due to addicted gamblers, stay behind
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
There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center
John Warren Kindt
Taxpayers would likely be responsible for treating addicts
John Warren Kindt
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
John Warren Kindt
My bottom line is this is no time to be gambling with our economy
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
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