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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
Threat
Internet

More quotes by John Warren Kindt

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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
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Your social costs, your costs to the taxpayers, are $3 for every $1 of benefits, it's not good economic development
John Warren Kindt
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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
John Warren Kindt
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There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center
John Warren Kindt
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An Osage tribal study found that between $41 million to $50 million left a 50-mile radius around their own casino
John Warren Kindt
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Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
John Warren Kindt
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27 percent to 55 percent of casino revenues come from problem or pathological gamblers
John Warren Kindt
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Studies in Australia have verified this drain on the economy by video gambling machines
John Warren Kindt
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State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development
John Warren Kindt
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The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt
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We beat the Great Depression without lotteries and legalized gambling
John Warren Kindt
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No reputable economist anywhere believes it's gambling an economic tool
John Warren Kindt
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Legalized gambling is the leading cause of bankruptcy
John Warren Kindt
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It's lose, lose for the taxpayer
John Warren Kindt
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What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
John Warren Kindt
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Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
John Warren Kindt
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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
John Warren Kindt
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The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
John Warren Kindt
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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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If you want your 401k to come back, recriminalize gambling
John Warren Kindt