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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

John Warren Kindt

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John Warren Kindt
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The social costs, and the increased tax costs due to addicted gamblers, stay behind
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It's lose, lose for the taxpayer
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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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Gambling is being subsidized by the taxpayers
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If you want your 401k to come back, recriminalize gambling
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Taxpayers would likely be responsible for treating addicts
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The gambling interests like to point to the construction jobs, but those jobs go away
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Another threat to stability is the rise of Internet gambling
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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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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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Studies in Australia have verified this drain on the economy by video gambling machines
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My bottom line is this is no time to be gambling with our economy
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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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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 addicts usually lose their focus at work and problem military gambling poses a national security threat
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State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development
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Legalized gambling is the leading cause of bankruptcy
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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