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27 percent to 55 percent of casino revenues come from problem or pathological gamblers

John Warren Kindt

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John Warren Kindt
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More quotes by John Warren Kindt

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Lotteries boost state revenues in the short run but don't feed the economy in the long run
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Legalized gambling is the leading cause of bankruptcy
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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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No reputable economist anywhere believes it's gambling an economic tool
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The gambling interests like to point to the construction jobs, but those jobs go away
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It's lose, lose for the taxpayer
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A study in Illinois in the mid-1990s found that 65 percent of businesses were hurt by the proximity of gambling
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The real loss by gambling is $180,000 to the consumer economy for each slot machine
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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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Taxpayers would likely be responsible for treating addicts
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I would hate to see the state of Wisconsin make another mistake and locate another casino in a high-density population area
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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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Bankruptcies increase 18 percent to 42 percent above the national average
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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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The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
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Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
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The social costs, and the increased tax costs due to addicted gamblers, stay behind
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Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
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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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Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
John Warren Kindt