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A study in Illinois in the mid-1990s found that 65 percent of businesses were hurt by the proximity of gambling
John Warren Kindt
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John Warren Kindt
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More quotes by 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
If you want your 401k to come back, recriminalize gambling
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
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Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
John Warren Kindt
Studies in Australia have verified this drain on the economy by video gambling machines
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
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
Bankruptcies increase 18 percent to 42 percent above the national average
John Warren Kindt
Another threat to stability is the rise of Internet gambling
John Warren Kindt
Your social costs, your costs to the taxpayers, are $3 for every $1 of benefits, it's not good economic development
John Warren Kindt
We beat the Great Depression without lotteries and legalized gambling
John Warren Kindt
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
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 being subsidized by the taxpayers
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Legalized gambling is the leading cause of bankruptcy
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For every slot machine you add, you lose one job per year from the consumer economy
John Warren Kindt
27 percent to 55 percent of casino revenues come from problem or pathological gamblers
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It's lose, lose for the taxpayer
John Warren Kindt
The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
John Warren Kindt
Taxpayers would likely be responsible for treating addicts
John Warren Kindt