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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
John Warren Kindt
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John Warren Kindt
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Gambling
More quotes by John Warren Kindt
Movies and Disney World don't create addicts
John Warren Kindt
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
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Gambling is a catalyst for economic downturn
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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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$60,000 spent in a consumer economy multiplies by respending into $180,000
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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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The real loss by gambling is $180,000 to the consumer economy for each slot machine
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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
The social costs, and the increased tax costs due to addicted gamblers, stay behind
John Warren Kindt
We beat the Great Depression without lotteries and legalized gambling
John Warren Kindt
For every slot machine you add, you lose one job per year from the consumer economy
John Warren Kindt
An Osage tribal study found that between $41 million to $50 million left a 50-mile radius around their own casino
John Warren Kindt
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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The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
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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
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27 percent to 55 percent of casino revenues come from problem or pathological gamblers
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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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Gambling is being subsidized by the taxpayers
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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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Taxpayers would likely be responsible for treating addicts
John Warren Kindt