A Quote by John Warren Kindt

Legalized gambling is the leading cause of bankruptcy — © John Warren Kindt
Legalized gambling is the leading cause of bankruptcy
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 ABCs of legalized gambling - addictions, bankruptcies and crime
We beat the Great Depression without lotteries and legalized gambling
Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
To be honest, most of my troubles - bankruptcy, drinking, gambling - were self-inflicted.
We certainly do have to be realistic about where we stand. It is the case that cancer is the second-leading cause of deaths in the U.S., in fact, in nearly half the states it's the leading cause of death. And we have a ways to go.
Homicide, often involving guns, is a disease that is the leading cause of death for young black men, and the second-leading cause of death for all people aged fifteen to twenty-four. That makes it the leading health issue, particularly when guns are used in combination with drugs and alcohol. And the statistics show that is most often the case.
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
Netanyahu's government and its faulty and politicized priorities are leading Israel into bankruptcy.
In 1997, the National Bankruptcy Review Commission recommended that chapter 12 of the Federal Bankruptcy Code, the chapter that contains bankruptcy protection for family farmers, be made permanent.
They legalized alcohol, they legalized tobacco. What is it gonna hurt to legalize this medicinal, medical marijuana that's used for purposes of cataracts?
Only one thing is certain: if pot is legalized, it won't be for our benefit but for the authorities. To have it legalized will also be to lose control of it.
Slavery, if it can be legalized at all, can be legalized only by positive legislation. Natural law gives it no aid. Custom imparts to it no legal sanction.
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.
The consequences of inflation are malinvestment, waste, a wanton redistribution of wealth and income, the growth of speculation and gambling, immorality and corruption, disillusionment, social resentment, discontent, upheaval and riots, bankruptcy, increased government controls, and eventual collapse.
Medical debts are the number-one cause of bankruptcy in America.
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