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Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
John Warren Kindt
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John Warren Kindt
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Economy
More quotes by 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
Another threat to stability is the rise of Internet gambling
John Warren Kindt
Lotteries boost state revenues in the short run but don't feed the economy in the long run
John Warren Kindt
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
An Osage tribal study found that between $41 million to $50 million left a 50-mile radius around their own casino
John Warren Kindt
Legalized gambling is the leading cause of bankruptcy
John Warren Kindt
If you want your 401k to come back, recriminalize gambling
John Warren Kindt
When governments legalize and encourage gambling, they are creating addictions among their citizens
John Warren Kindt
Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
John Warren Kindt
Bankruptcies increase 18 percent to 42 percent above the national average
John Warren Kindt
The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt
The real loss by gambling is $180,000 to the consumer economy for each slot machine
John Warren Kindt
The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
John Warren Kindt
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
The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
John Warren Kindt
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
John Warren Kindt
My bottom line is this is no time to be gambling with our economy
John Warren Kindt
No reputable economist anywhere believes it's gambling an economic tool
John Warren Kindt
And as far as jobs go, for every one job that the casino creates, one is lost in the 35-mile feeder market
John Warren Kindt
The common mistake that business people make is they're going to get drive-by business...Only gas stations are helped
John Warren Kindt