John warren kindt quotes
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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