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John warren kindt insights

Explore a captivating collection of John warren kindt’s most profound quotes, reflecting his deep wisdom and unique perspective on life, science, and the universe. Each quote offers timeless inspiration and insight.

People will spend a tremendous amount of money in casinos, money they normally would spend on refrigerators or a new car. Local businesses will suffer because they'll lose consumer dollars to casinos.

The social costs, and the increased tax costs due to addicted gamblers, stay behind

In convenience gambling scenarios, discretionary spending and nondiscretionary addicted gambling dollars were transferred from other forms of consumer expenditures

Gambling has a zero-sum economic effect in its market and, like legalizing cocaine, the socio-economic costs of legalizing gambling overwhelm the benefits

Your addiction rate will go up if you have gambling in this area

This is an industry that generates addicted gamblers and they are desperate to get money

A study in Illinois in the mid-1990s found that 65 percent of businesses were hurt by the proximity of gambling

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

Bankruptcies increase 18 percent to 42 percent above the national average

Bankruptcies will be up 18 to 42 percent around racinos areas tracks as people lose their money

Every video [slot] gambling machine takes $60,000 out of the consumer economy

It is not economic development; it's about taking money out of the consumer economy and shipping it off to Las Vegas

When governments legalize and encourage gambling, they are creating addictions among their citizens

Any legislator who says he doesn't see the downside hasn't done his homework

In permitting gambling enterprises to flourish in the United States and abroad, the United States undermines global socio-economic stability in contravention of its international obligations

The common mistake that business people make is they're going to get drive-by business...Only gas stations are helped

For every three machines, you lose two jobs out of the surrounding economy because people are dumping their money on gambling

You bring in gambling into a major population base, and the more people you have going into a casino, the more people you have hooked on gambling

The military should get rid of video gambling devices on nearly 100 overseas bases and posts

If you want your 401k to come back, recriminalize gambling

While advocates of legalized gambling say it brings in revenues needed for education and other uses, it actually has led to higher taxes, loss of jobs, economic disruption of non-gambling businesses, increased crime and higher social-welfare costs

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

It becomes a cannibalization of your pre-existing economy

Gambling addicts usually lose their focus at work and problem military gambling poses a national security threat

It's lose, lose for the taxpayer

Taxpayers would likely be responsible for treating addicts

Studies in Australia have verified this drain on the economy by video gambling machines

Generally, traditional businesses were slow to recognize the way in which legalized gambling captured dollars from across the entire spectrum of the various consumer markets, but now they know

Local competing businesses were thereby losing revenue.

27 percent to 55 percent of casino revenues come from problem or pathological gamblers

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

For every dollar of revenue generated by gambling, taxpayers must pay at least $3 in increased criminal justice costs, social welfare expenses, high regulatory costs, and increased infrastructure expenditures

Gambling is being subsidized by the taxpayers

If the government wants to stimulate the economy, it should outlaw gambling

The real loss by gambling is $180,000 to the consumer economy for each slot machine

For every slot machine you add, you lose one job per year from the consumer economy

Gambling is a bad deal for taxpayers

The smartest thing legislatures can do is get rid of lotteries and get those dollars buying consumer goods and get the sales tax revenues from that

Utah sells itself to Fortune 500 companies as a noncasino state where employers don't have to be concerned about absenteeism and other problems associated with gambling

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

State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development

A shrinking economy means lost sales and lost jobs

The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas

It's time to wipe the slate clean, recriminalize gambling, just like we did in this country 100 years ago

Thirty-seven percent of gamblers dip into their savings to fulfill their habit

We beat the Great Depression without lotteries and legalized gambling

Legalized gambling cost taxpayers $3 for every $1 in state revenue to government

Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year

Bankruptcies and addictions increase in areas with casinos

Clothing sales plummet, rent delinquencies mount and even grocery sales shrink as gamblers, having tapped out their entertainment budgets, dip into dollars set aside for necessities

Gambling is a catalyst for economic downturn

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

In 1993, 40 percent of Minnesota restaurateurs reported declines attributed to casinos

Movies and Disney World don't create addicts

The gambling industry has a tendency to find public figures ... and these persons are used for their public image. These people generally come in for a couple of years and then they sell out and it's 100 percent owned by out-of-state interests

One to 2 percent of the population becomes addicted gamblers

Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy

Although crime and corruption decreases within a one-mile radius of a casino, it increases 10 percent within a 35-mile radius by the third year the casino is open.

There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center

When the money is not spent on cars and refrigerators and is instead dropped into a slot machine, it leaves the economy

Your social costs, your costs to the taxpayers, are $3 for every $1 of benefits, it's not good economic development

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

Another threat to stability is the rise of Internet gambling

The gambling interests like to point to the construction jobs, but those jobs go away

The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction

$60,000 spent in a consumer economy multiplies by respending into $180,000

And as far as jobs go, for every one job that the casino creates, one is lost in the 35-mile feeder market

No reputable economist anywhere believes it's gambling an economic tool

Crime goes up 10 percent due to the gambling by the third year after racinos or slot machines are open, and then it continues upward after that

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

My bottom line is this is no time to be gambling with our economy

The lightning spread of 'Western-style' gambling overseas has increased the problems of addicted and problem gamblers, organized crime and alleged corruption in Asia and the Middle East

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

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

I would hate to see the state of Wisconsin make another mistake and locate another casino in a high-density population area

Casinos don't bring business except for the gambling boys

An Osage tribal study found that between $41 million to $50 million left a 50-mile radius around their own casino

Legalized gambling is the leading cause of bankruptcy

Then they're like addicts; they can't help themselves... They will steal, cheat, embezzle and commit other crimes just to get money to gamble

What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.

Gamblers spend 10 percent less on food; 25 percent less on clothing and 35 percent less on savings

The ABCs of legalized gambling - addictions, bankruptcies and crime