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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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John Warren Kindt
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More quotes by John Warren Kindt
Studies in Australia have verified this drain on the economy by video gambling machines
John Warren Kindt
Gambling is a catalyst for economic downturn
John Warren Kindt
Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
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
Taxpayers would likely be responsible for treating addicts
John Warren Kindt
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
It's lose, lose for the taxpayer
John Warren Kindt
I would hate to see the state of Wisconsin make another mistake and locate another casino in a high-density population area
John Warren Kindt
Lotteries boost state revenues in the short run but don't feed the economy in the long run
John Warren Kindt
Another threat to stability is the rise of Internet gambling
John Warren Kindt
A study in Illinois in the mid-1990s found that 65 percent of businesses were hurt by the proximity of gambling
John Warren Kindt
My bottom line is this is no time to be gambling with our economy
John Warren Kindt
We beat the Great Depression without lotteries and legalized gambling
John Warren Kindt
Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
John Warren Kindt
Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
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When governments legalize and encourage gambling, they are creating addictions among their citizens
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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
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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
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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
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