Quote

Legalized gambling is the leading cause of bankruptcy

John Warren Kindt

Change background

T
T
T

Change font

TAGS & TOPICS

John Warren Kindt
Legalized
Bankruptcy
Gambling
Leading
Cause
Causes

More quotes by John Warren Kindt

Image
Taxpayers would likely be responsible for treating addicts
John Warren Kindt
Image
There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center
John Warren Kindt
Image
Gambling is a catalyst for economic downturn
John Warren Kindt
Image
An Osage tribal study found that between $41 million to $50 million left a 50-mile radius around their own casino
John Warren Kindt
Image
Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
John Warren Kindt
Image
The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt
Image
The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
John Warren Kindt
Image
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
Image
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
Image
Your social costs, your costs to the taxpayers, are $3 for every $1 of benefits, it's not good economic development
John Warren Kindt
Image
The social costs, and the increased tax costs due to addicted gamblers, stay behind
John Warren Kindt
Image
What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
John Warren Kindt
Image
Another threat to stability is the rise of Internet gambling
John Warren Kindt
Image
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
John Warren Kindt
Image
Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
John Warren Kindt
Image
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
Image
It's lose, lose for the taxpayer
John Warren Kindt
Image
Gambling has a zero-sum economic effect in its market and, like legalizing cocaine, the socio-economic costs of legalizing gambling overwhelm the benefits
John Warren Kindt
Image
Movies and Disney World don't create addicts
John Warren Kindt
Image
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