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Cost Quote by John Warren Kindt

“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 costs” quote by John Warren Kindt
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“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 costs”

John Warren Kindt

About This Quote

Source Speech: Public policy debate on gambling, United States, 2020

Legalized gambling is claimed to fund public services, but it often creates fiscal strain, job loss, business disruption, crime, and welfare costs.

In simple terms: Gambling can cause economic and social harms despite promised revenues.

Key Takeaway

Weigh costs against benefits before legalizing gambling.

Themes

economics public policy social impact crime employment

Mood

cautious analytical

Type

policy economic

When to use this quote

  • government budgeting
  • community planning
  • law enforcement
  • social services

Key Concepts

externalities tax policy social welfare market distortion

Questions to Reflect On

  • What hidden costs should voters consider?
  • How can policy mitigate gambling harms?
A Different Perspective

Benefits may be overstated and costs hidden.

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