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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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John Warren Kindt
Security
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More quotes by John Warren Kindt

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Studies in Australia have verified this drain on the economy by video gambling machines
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For every slot machine you add, you lose one job per year from the consumer economy
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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
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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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Gambling is being subsidized by the taxpayers
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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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If you want your 401k to come back, recriminalize gambling
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Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
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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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Bankruptcies increase 18 percent to 42 percent above the national average
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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
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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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$60,000 spent in a consumer economy multiplies by respending into $180,000
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Legalized gambling is the leading cause of bankruptcy
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Taxpayers would likely be responsible for treating addicts
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The real loss by gambling is $180,000 to the consumer economy for each slot machine
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Besides creating more compulsive gamblers, money spent on lotteries isn't spent on other goods such as clothing or computers, which would trickle through to retailers, manufacturers and other parts of the economy
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Movies and Disney World don't create addicts
John Warren Kindt
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Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
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Gambling interests hire lots of economists to do impact studies, but what you need is cost-benefit analysis, and you'll never see the industry finance those
John Warren Kindt