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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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John Warren Kindt
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More quotes by 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 is a catalyst for economic downturn
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What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
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$60,000 spent in a consumer economy multiplies by respending into $180,000
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Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
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Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
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Bankruptcies increase 18 percent to 42 percent above the national average
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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 social costs, and the increased tax costs due to addicted gamblers, stay behind
John Warren Kindt
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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
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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
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If you want your 401k to come back, recriminalize gambling
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We beat the Great Depression without lotteries and legalized gambling
John Warren Kindt
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Lotteries boost state revenues in the short run but don't feed the economy in the long run
John Warren Kindt
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Taxpayers would likely be responsible for treating addicts
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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
John Warren Kindt
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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
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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
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It's lose, lose for the taxpayer
John Warren Kindt
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For every slot machine you add, you lose one job per year from the consumer economy
John Warren Kindt