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Legalized gambling is the leading cause of bankruptcy.
Gambling is a catalyst for economic downturn.
For every three machines, you lose two jobs out of the surrounding economy because people are dumping their money on gambling.
If gambling were banned, those social costs would drop, tax revenues from consumer goods would increase, and money would be pumped into the productiv….
Generally, traditional businesses were slow to recognize the way in which legalized gambling captured dollars from across the entire spectrum of the ….
When governments legalize and encourage gambling, they are creating addictions among their citizens.
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 n….
It's lose, lose for the taxpayer.
Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year.
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 job….
Your addiction rate will go up if you have gambling in this area.
People will spend a tremendous amount of money in casinos, money they normally would spend on refrigerators or a new car. Local businesses will suffe….
Local competing businesses were thereby losing revenue..
The gambling industry has a tendency to find public figures ... and these persons are used for their public image. These people generally come in for….
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 c….
If the government wants to stimulate the economy, it should outlaw gambling.
Any legislator who says he doesn't see the downside hasn't done his homework.
The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction.
27 percent to 55 percent of casino revenues come from problem or pathological gamblers.
When the money is not spent on cars and refrigerators and is instead dropped into a slot machine, it leaves the economy.
The real loss by gambling is $180,000 to the consumer economy for each slot machine.