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There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center

John Warren Kindt

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John Warren Kindt
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More quotes by John Warren Kindt

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We beat the Great Depression without lotteries and legalized gambling
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27 percent to 55 percent of casino revenues come from problem or pathological gamblers
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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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State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development
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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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An Osage tribal study found that between $41 million to $50 million left a 50-mile radius around their own casino
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When governments legalize and encourage gambling, they are creating addictions among their citizens
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Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
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Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
John Warren Kindt
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No reputable economist anywhere believes it's gambling an economic tool
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It's lose, lose for the taxpayer
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Gambling is being subsidized by the taxpayers
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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
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For every slot machine you add, you lose one job per year from the consumer economy
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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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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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My bottom line is this is no time to be gambling with our economy
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It is not economic development it's about taking money out of the consumer economy and shipping it off to Las Vegas
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
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Studies in Australia have verified this drain on the economy by video gambling machines
John Warren Kindt