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Bankruptcies increase 18 percent to 42 percent above the national average
John Warren Kindt
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John Warren Kindt
Bankruptcies
Bankruptcy
Gambling
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More quotes by John Warren Kindt
If you want your 401k to come back, recriminalize gambling
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Another threat to stability is the rise of Internet gambling
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Gambling is being subsidized by the taxpayers
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We beat the Great Depression without lotteries and legalized gambling
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Movies and Disney World don't create addicts
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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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Legalized gambling is the leading cause of bankruptcy
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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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The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
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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
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
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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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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Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
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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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No reputable economist anywhere believes it's gambling an economic tool
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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
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Gambling is a catalyst for economic downturn
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Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
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Studies in Australia have verified this drain on the economy by video gambling machines
John Warren Kindt