A Quote by John Warren Kindt

The real loss by gambling is $180,000 to the consumer economy for each slot machine — © John Warren Kindt
The real loss by gambling is $180,000 to the consumer economy for each slot machine
Every video [slot] gambling machine takes $60,000 out of the consumer economy
$60,000 spent in a consumer economy multiplies by respending into $180,000
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
Our old - fashioned system is better than any new - fangled voting machine. Not only is it guaranteed to work, but there is something I find appealing in putting a mark on a piece of paper for the candidate of your choice, as opposed to pulling a lever as if you were gambling on a slot machine in Las Vegas.
When the money is not spent on cars and refrigerators and is instead dropped into a slot machine, it leaves the economy
Government barriers on Business For example, the Endangered Species Act prevents 'disturbing the habitat' of the spotted owl. That has restricted 4.2 million acres of forest from development, leading to the loss of 30,000 lumber-related jobs and the annual loss of 1.1 billion board feet of lumber. This has driven up the cost of houses by at least $4,000 each. In addition, regulators ordered a Kansas City bank to install a Braille keypad on its drive-through automatic teller machine, presumably to aid any blind drivers. The list goes on and on.
In convenience gambling scenarios, discretionary spending and nondiscretionary addicted gambling dollars were transferred from other forms of consumer expenditures
Everyone has addictions and my problem is that I have 5,000 of them. If it's not drinking, it's gambling; if it's not gambling, it's eating anything from burgers, doughnuts to M&Ms. The only addiction I don't suffer from is chasing women.
I basically left Texas with no money. I was making $3.50 working in some mall, so I didn't have a lot of cash. I took $1,000 and headed to California. Along the way I stopped in Vegas because I had always wanted to see Caesar's Palace. So I stopped there and won $2,500 on a slot machine! It was amazing.
From 1950 to 2000, the U.S. economy grew at an average rate of 3.5 percent. That generated a massive gain in real GDP per person from $16,000 to over $50,000. A huge win for the middle class.
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
You don't drive an economy by consuming - the consumer is not the engine, the consumer is the caboose.
Keke Rosberg is as calculating as a slot machine.
The payoffs in showbiz seemed as random as a slot machine.
I was on a cruise with my grandma when I was a kid. I remember winning $10 on the slot machine.
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