Top 82 Quotes & Sayings by John Warren Kindt
Explore popular quotes and sayings by an author John Warren Kindt.
Last updated on September 19, 2024.
For every slot machine you add, you lose one job per year from the consumer economy
A study in Illinois in the mid-1990s found that 65 percent of businesses were hurt by the proximity of gambling
The social costs, and the increased tax costs due to addicted gamblers, stay behind
Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center
Local competing businesses were thereby losing revenue.
$60,000 spent in a consumer economy multiplies by respending into $180,000
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
Any legislator who says he doesn't see the downside hasn't done his homework
My bottom line is this is no time to be gambling with our economy
It is not economic development; it's about taking money out of the consumer economy and shipping it off to Las Vegas
No reputable economist anywhere believes it's gambling an economic tool
Studies in Australia have verified this drain on the economy by video gambling machines
It becomes a cannibalization of your pre-existing economy
What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
Your social costs, your costs to the taxpayers, are $3 for every $1 of benefits, it's not good economic development
In 1993, 40 percent of Minnesota restaurateurs reported declines attributed to casinos
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
We beat the Great Depression without lotteries and legalized gambling
Casinos don't bring business except for the gambling boys
The real loss by gambling is $180,000 to the consumer economy for each slot machine
Taxpayers would likely be responsible for treating addicts
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
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
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
When the money is not spent on cars and refrigerators and is instead dropped into a slot machine, it leaves the economy
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
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
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
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
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
The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
Thirty-seven percent of gamblers dip into their savings to fulfill their habit
Gambling has a zero-sum economic effect in its market and, like legalizing cocaine, the socio-economic costs of legalizing gambling overwhelm the benefits
Movies and Disney World don't create addicts
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
The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
Your addiction rate will go up if you have gambling in this area
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
An Osage tribal study found that between $41 million to $50 million left a 50-mile radius around their own casino
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
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
I would hate to see the state of Wisconsin make another mistake and locate another casino in a high-density population area
Legalized gambling is the leading cause of bankruptcy
When governments legalize and encourage gambling, they are creating addictions among their citizens
Gambling is a catalyst for economic downturn
Every video [slot] gambling machine takes $60,000 out of the consumer economy
Gamblers spend 10 percent less on food; 25 percent less on clothing and 35 percent less on savings
Lotteries boost state revenues in the short run but don't feed the economy in the long run
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
State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development
Bankruptcies and addictions increase in areas with casinos
A shrinking economy means lost sales and lost jobs
This is an industry that generates addicted gamblers and they are desperate to get money
In convenience gambling scenarios, discretionary spending and nondiscretionary addicted gambling dollars were transferred from other forms of consumer expenditures
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
The gambling interests like to point to the construction jobs, but those jobs go away
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
The common mistake that business people make is they're going to get drive-by business...Only gas stations are helped
Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
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