Quote

We beat the Great Depression without lotteries and legalized gambling

John Warren Kindt

Change background

T
T
T

Change font

TAGS & TOPICS

John Warren Kindt
Legalized
Lottery
Gambling
Depression
Beat
Beats
Without
Great
Lotteries

More quotes by John Warren Kindt

Image
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
Image
My bottom line is this is no time to be gambling with our economy
John Warren Kindt
Image
Gambling is a catalyst for economic downturn
John Warren Kindt
Image
Taxpayers would likely be responsible for treating addicts
John Warren Kindt
Image
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
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
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
The common mistake that business people make is they're going to get drive-by business...Only gas stations are helped
John Warren Kindt
Image
For every slot machine you add, you lose one job per year from the consumer economy
John Warren Kindt
Image
Another threat to stability is the rise of Internet gambling
John Warren Kindt
Image
Gambling is being subsidized by the taxpayers
John Warren Kindt
Image
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
John Warren Kindt
Image
The real loss by gambling is $180,000 to the consumer economy for each slot machine
John Warren Kindt
Image
If you want your 401k to come back, recriminalize gambling
John Warren Kindt
Image
Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat
John Warren Kindt
Image
$60,000 spent in a consumer economy multiplies by respending into $180,000
John Warren Kindt
Image
27 percent to 55 percent of casino revenues come from problem or pathological gamblers
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 socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
John Warren Kindt