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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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Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
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Bankruptcies increase 18 percent to 42 percent above the national average
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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 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
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When governments legalize and encourage gambling, they are creating addictions among their citizens
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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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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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And as far as jobs go, for every one job that the casino creates, one is lost in the 35-mile feeder market
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The common mistake that business people make is they're going to get drive-by business...Only gas stations are helped
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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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Lotteries boost state revenues in the short run but don't feed the economy in the long run
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For every slot machine you add, you lose one job per year from the consumer economy
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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
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Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
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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
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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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An Osage tribal study found that between $41 million to $50 million left a 50-mile radius around their own casino
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Legalized gambling is the leading cause of bankruptcy
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It's lose, lose for the taxpayer
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The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
John Warren Kindt