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Lotteries boost state revenues in the short run but don't feed the economy in the long run

John Warren Kindt

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John Warren Kindt
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More quotes by John Warren Kindt

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Bankruptcies increase 18 percent to 42 percent above the national average
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No reputable economist anywhere believes it's gambling an economic tool
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The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
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I would hate to see the state of Wisconsin make another mistake and locate another casino in a high-density population area
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Gambling is being subsidized by the taxpayers
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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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Movies and Disney World don't create addicts
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The social costs, and the increased tax costs due to addicted gamblers, stay behind
John Warren Kindt
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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
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The real loss by gambling is $180,000 to the consumer economy for each slot machine
John Warren Kindt
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It's lose, lose for the taxpayer
John Warren Kindt
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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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Your social costs, your costs to the taxpayers, are $3 for every $1 of benefits, it's not good economic development
John Warren Kindt
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For every slot machine you add, you lose one job per year from the consumer economy
John Warren Kindt
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What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
John Warren Kindt
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My bottom line is this is no time to be gambling with our economy
John Warren Kindt
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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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The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt
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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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27 percent to 55 percent of casino revenues come from problem or pathological gamblers
John Warren Kindt