Video: Nationally Acclaimed Gambling Expert Dr. John W. Kindt: How Issue 3 Costs Jobs
| By Dave Harding, ProgressOhio - Oct 9, 2009 11:23:15 AM ET |
Each slot machine takes in about $100,000 a year.
That’s $100,000 that’s not spent buying a car. Or a tv.
Or clothes.
Or food.
Or rent.
Prof. John Kindt literally wrote the book on gambling. He has recorded a special one minute video to explain how casinos and Issue 3 will cost Ohio jobs.
Watch it:
Prof. Kindt is a renowned expert on gambling who has testified before Congress and edited the authoritative three volume set "United States International Gambling Report Series".
You can purchase a copy online at http://www.wshein.com/Catalog/Product... was not compensated for his comments and any profit from the books will go to charity.
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Gambling does not create real wealth. Again, our focus should be on reviving our manufacturing base.
The current system allows the people to vote on little stuff like casinos but not on big stuff like whether we should be part of the WTO or NAFTA.
There is no evidence in the 3 volume United States International Gambling Report that was edited by Dr. Kindt that casinos just absorb money that was already being gambled on the lottery which is a much more convenient form of gambling in that it's at the convenience or grocery store or gas station.
On your other issues your seem to be making an apples to oranges comparison of totally unrelated concepts that has no value in making a decision about the change in our state Constitution that is facilitated by Issue 2 so I don't know how to intelligently respond.
From The Las Vegas Sun:
Las Vegas economy in free fall
Link
Banning gambling is among the best bets to reverse a deep recession that has crippled the global economy, according to a new collection of books that offer the most comprehensive analysis ever on the financial perils of wagering.
Personal bankruptcies soar 18 to 42 percent in areas with casinos, crime jumps 10 percent and rates for new addicted gamblers double, according to the nearly 3,000-page series, which compiles decades of academic and government research on gambling and its costs to society.