Bankruptcies and addictions increase in areas with casinos
In 1993, 40 percent of Minnesota restaurateurs reported declines attributed to casinos
Thirty-seven percent of gamblers dip into their savings to fulfill their habit
Gamblers spend 10 percent less on food; 25 percent less on clothing and 35 percent less on savings
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
Any legislator who says he doesn't see the downside hasn't done his homework
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
It is not economic development; it's about taking money out of the consumer economy and shipping it off to Las Vegas
The real loss by gambling is $180,000 to the consumer economy for each slot machine
A shrinking economy means lost sales and lost jobs
Every video [slot] gambling machine takes $60,000 out of the consumer economy
Gambling has a zero-sum economic effect in its market and, like legalizing cocaine, the socio-economic costs of legalizing gambling overwhelm the benefits
This is an industry that generates addicted gamblers and they are desperate to get money
The gambling interests like to point to the construction jobs, but those jobs go away
The social costs, and the increased tax costs due to addicted gamblers, stay behind
If you want your 401k to come back, recriminalize 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.
Bankruptcies increase 18 percent to 42 percent above the national average
27 percent to 55 percent of casino revenues come from problem or pathological gamblers
One to 2 percent of the population becomes addicted gamblers
If the government wants to stimulate the economy, it should outlaw gambling
For every three machines, you lose two jobs out of the surrounding economy because people are dumping their money on gambling
Gambling is being subsidized by the taxpayers
It's lose, lose for the taxpayer
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.
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