“Gambling has a zero-sum economic effect in its market and, like legalizing cocaine, the socio-economic costs of legalizing gambling overwhelm the benefits”
Quote by John Warren Kindt
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“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”
Source: Shorter works [of] Franz Kafka
“The real loss by gambling is $180,000 to the consumer economy for each slot machine”
“Studies in Australia have verified this drain on the economy by video gambling machines”
“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”
“Legalized gambling cost taxpayers $3 for every $1 in state revenue to government”