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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
John Warren Kindt
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John Warren Kindt
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More quotes by John Warren Kindt
Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
John Warren Kindt
The gambling interests like to point to the construction jobs, but those jobs go away
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
The real loss by gambling is $180,000 to the consumer economy for each slot machine
John Warren Kindt
Another threat to stability is the rise of Internet gambling
John Warren Kindt
Movies and Disney World don't create 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
Lotteries boost state revenues in the short run but don't feed the economy in the long run
John Warren Kindt
No reputable economist anywhere believes it's gambling an economic tool
John Warren Kindt
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
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
Taxpayers would likely be responsible for treating addicts
John Warren Kindt
If you want your 401k to come back, recriminalize gambling
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
My bottom line is this is no time to be gambling with our economy
John Warren Kindt
For every slot machine you add, you lose one job per year from the consumer economy
John Warren Kindt
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
It's lose, lose for the taxpayer
John Warren Kindt
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
The social costs, and the increased tax costs due to addicted gamblers, stay behind
John Warren Kindt