When the money is not spent on cars and refrigerators and is instead dropped into a slot machine, it leaves the economyCollection: 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 costsCollection: Jobs
Local competing businesses were thereby losing revenue.Collection: Gambling
My bottom line is this is no time to be gambling with our economyCollection: Gambling
$60,000 spent in a consumer economy multiplies by respending into $180,000Collection: Gambling
The socio-economic impact of gambling addiction is comparable to drug and alcohol addictionCollection: Gambling
When governments legalize and encourage gambling, they are creating addictions among their citizensCollection: Creating
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 sectorCollection: Gambling
Legalized gambling is the leading cause of bankruptcyCollection: Gambling
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 productCollection: Gambling
Gambling is a catalyst for economic downturnCollection: Gambling
Legalized gambling cost taxpayers $3 for every $1 in state revenue to governmentCollection: Gambling
Studies in Australia have verified this drain on the economy by video gambling machinesCollection: Gambling
For every slot machine you add, you lose one job per year from the consumer economyCollection: Jobs
Your social costs, your costs to the taxpayers, are $3 for every $1 of benefits, it's not good economic developmentCollection: Gambling
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 benefitsCollection: Gambling
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 thatCollection: Gambling
Bankruptcies will be up 18 to 42 percent around racinos areas tracks as people lose their moneyCollection: Gambling
The ABCs of legalized gambling - addictions, bankruptcies and crimeCollection: Gambling
The military should get rid of video gambling devices on nearly 100 overseas bases and postsCollection: Military
Gambling addicts usually lose their focus at work and problem military gambling poses a national security threatCollection: Military
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 industryCollection: Gambling
Another threat to stability is the rise of Internet gamblingCollection: Gambling
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 obligationsCollection: Gambling
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 EastCollection: Gambling
Bankruptcies and addictions increase in areas with casinosCollection: Gambling
In 1993, 40 percent of Minnesota restaurateurs reported declines attributed to casinosCollection: Gambling
Thirty-seven percent of gamblers dip into their savings to fulfill their habitCollection: Gambling
Gamblers spend 10 percent less on food; 25 percent less on clothing and 35 percent less on savingsCollection: 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 AmericaCollection: Gambling
Any legislator who says he doesn't see the downside hasn't done his homeworkCollection: Gambling
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each yearCollection: Jobs
It is not economic development; it's about taking money out of the consumer economy and shipping it off to Las VegasCollection: Vegas
The real loss by gambling is $180,000 to the consumer economy for each slot machineCollection: Real
A shrinking economy means lost sales and lost jobsCollection: Jobs
Every video [slot] gambling machine takes $60,000 out of the consumer economyCollection: Gambling
Gambling has a zero-sum economic effect in its market and, like legalizing cocaine, the socio-economic costs of legalizing gambling overwhelm the benefitsCollection: Zero
This is an industry that generates addicted gamblers and they are desperate to get moneyCollection: Gambling
The gambling interests like to point to the construction jobs, but those jobs go awayCollection: Jobs
The social costs, and the increased tax costs due to addicted gamblers, stay behindCollection: Gambling
If you want your 401k to come back, recriminalize gamblingCollection: Gambling
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.Collection: Gambling
Bankruptcies increase 18 percent to 42 percent above the national averageCollection: Gambling
27 percent to 55 percent of casino revenues come from problem or pathological gamblersCollection: Gambling
One to 2 percent of the population becomes addicted gamblersCollection: Gambling
If the government wants to stimulate the economy, it should outlaw gamblingCollection: Government
For every three machines, you lose two jobs out of the surrounding economy because people are dumping their money on gamblingCollection: Jobs
Gambling is being subsidized by the taxpayersCollection: Gambling
It's lose, lose for the taxpayerCollection: Gambling
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.Collection: Gambling