A Quote by John Warren Kindt

Gambling has a zero-sum economic effect in its market and, like legalizing cocaine, the socio-economic costs of legalizing gambling overwhelm the benefits — © John Warren Kindt
Gambling has a zero-sum economic effect in its market and, like legalizing cocaine, the socio-economic costs of legalizing gambling overwhelm the benefits
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
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 socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
Legalizing homosexuality is not the first step on a slippery slope to legalizing everything.
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
There is no moral difference between gambling at cards or in lotteries or on the race track and gambling in the stock market. One method is just pernicious to the body politic as the other kind.
This was my first lesson about gambling: if you see somebody winning all the time, he isn't gambling, he's cheating. Later on in life, if I were continuously losing in any gambling situation, I would watch very closely.
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 is a catalyst for economic downturn
Legalizing abortion to get government out of the bedroom is like legalizing cannibalism to get government out of the kitchen.
Our investigation has found that, unlike traditional fantasy sports, daily fantasy sports companies are engaged in illegal gambling under New York law, causing the same kinds of social and economic harms as other forms of illegal gambling and misleading New York consumers.
Today, Snoop Dog endorsed Ron Paul for president. Snoop said he likes Paul's positions on everything from legalizing pot ... to legalizing pot.
No reputable economist anywhere believes it's gambling an economic tool
State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development
There is a respectable body of economic thought that holds that casino gambling is actually economically regressive to a state and a community.
The likely economic effects [of the war in Iraq] would be relatively small... Under every plausible scenario, the negative effect will be quite small relative to the economic benefits.
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