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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
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 gambling interests like to point to the construction jobs, but those jobs go away
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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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For every slot machine you add, you lose one job per year from the consumer economy
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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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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
John Warren Kindt
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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Movies and Disney World don't create addicts
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
Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
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Gambling has a zero-sum economic effect in its market and, like legalizing cocaine, the socio-economic costs of legalizing gambling overwhelm the benefits
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27 percent to 55 percent of casino revenues come from problem or pathological gamblers
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I would hate to see the state of Wisconsin make another mistake and locate another casino in a high-density population area
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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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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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The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
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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