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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
What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
John Warren Kindt
Gambling is a catalyst for economic downturn
John Warren Kindt
The social costs, and the increased tax costs due to addicted gamblers, stay behind
John Warren Kindt
State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development
John Warren Kindt
The faster the gambling activity, the more highly addictive it is and the more addictive the gambling activity is, the more revenue it will generate for the industry
John Warren Kindt
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
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
27 percent to 55 percent of casino revenues come from problem or pathological gamblers
John Warren Kindt
We beat the Great Depression without lotteries and legalized gambling
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
$60,000 spent in a consumer economy multiplies by respending into $180,000
John Warren Kindt
No reputable economist anywhere believes it's gambling an economic tool
John Warren Kindt
The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
John Warren Kindt
Studies in Australia have verified this drain on the economy by video gambling machines
John Warren Kindt
Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
John Warren Kindt
Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
John Warren Kindt
Bankruptcies increase 18 percent to 42 percent above the national average
John Warren Kindt
Lotteries boost state revenues in the short run but don't feed the economy in the long run
John Warren Kindt
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
There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center
John Warren Kindt