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Another threat to stability is the rise of Internet gambling
John Warren Kindt
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John Warren Kindt
Another
Gambling
Stability
Rise
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Internet
More quotes by John Warren Kindt
What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
John Warren Kindt
We beat the Great Depression without lotteries and legalized gambling
John Warren Kindt
My bottom line is this is no time to be gambling with our economy
John Warren Kindt
If you want your 401k to come back, recriminalize gambling
John Warren Kindt
Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
John Warren Kindt
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
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
The real loss by gambling is $180,000 to the consumer economy for each slot machine
John Warren Kindt
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
John Warren Kindt
It's lose, lose for the taxpayer
John Warren Kindt
27 percent to 55 percent of casino revenues come from problem or pathological gamblers
John Warren Kindt
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
No reputable economist anywhere believes it's gambling an economic tool
John Warren Kindt
Lotteries boost state revenues in the short run but don't feed the economy in the long run
John Warren Kindt
Gambling is being subsidized by the taxpayers
John Warren Kindt
There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center
John Warren Kindt
For every slot machine you add, you lose one job per year from the consumer economy
John Warren Kindt
The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
John Warren Kindt
The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt
It is not economic development it's about taking money out of the consumer economy and shipping it off to Las Vegas
John Warren Kindt