John Warren Kindt Quotes
The social costs, and the increased tax costs due to addicted gamblers, stay behind
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
Gambling drains the economy by taking money away from grocery stores and retail businesses and putting it in the hands of an industry that produces no product
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
When governments legalize and encourage gambling, they are creating addictions among their citizens
It is not economic development; it's about taking money out of the consumer economy and shipping it off to Las Vegas
A 1999 report by a bipartisan federal panel on gambling concluded the United States should put a hold on further casinos until it is clear what the impact is on America
When the money is not spent on cars and refrigerators and is instead dropped into a slot machine, it leaves the economy
In 1993, 40 percent of Minnesota restaurateurs reported declines attributed to casinos
Studies in Australia have verified this drain on the economy by video gambling machines
An Osage tribal study found that between $41 million to $50 million left a 50-mile radius around their own casino
The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
For every slot machine you add, you lose one job per year from the consumer economy
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
The real loss by gambling is $180,000 to the consumer economy for each slot machine
