Quote

If you want your 401k to come back, recriminalize gambling

John Warren Kindt

Change background

T
T
T

Change font

TAGS & TOPICS

John Warren Kindt
Gambling
Back
Come

More quotes by John Warren Kindt

Image
27 percent to 55 percent of casino revenues come from problem or pathological gamblers
John Warren Kindt
Image
For every slot machine you add, you lose one job per year from the consumer economy
John Warren Kindt
Image
The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt
Image
Gambling is a catalyst for economic downturn
John Warren Kindt
Image
The faster the gambling activity, the more highly addictive it is and the more addictive the gambling activity is, the more revenue it will generate for the industry
John Warren Kindt
Image
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
Image
Movies and Disney World don't create addicts
John Warren Kindt
Image
Your social costs, your costs to the taxpayers, are $3 for every $1 of benefits, it's not good economic development
John Warren Kindt
Image
When governments legalize and encourage gambling, they are creating addictions among their citizens
John Warren Kindt
Image
Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
John Warren Kindt
Image
It's lose, lose for the taxpayer
John Warren Kindt
Image
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
Image
The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
John Warren Kindt
Image
The social costs, and the increased tax costs due to addicted gamblers, stay behind
John Warren Kindt
Image
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
Image
Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
John Warren Kindt
Image
We beat the Great Depression without lotteries and legalized gambling
John Warren Kindt
Image
Gambling is being subsidized by the taxpayers
John Warren Kindt
Image
Gambling has a zero-sum economic effect in its market and, like legalizing cocaine, the socio-economic costs of legalizing gambling overwhelm the benefits
John Warren Kindt
Image
The real loss by gambling is $180,000 to the consumer economy for each slot machine
John Warren Kindt