Bankruptcies will be up 18 to 42 percent around racinos areas tracks as people lose their money
John Warren KindtBesides creating more compulsive gamblers, money spent on lotteries isn't spent on other goods such as clothing or computers, which would trickle through to retailers, manufacturers and other parts of the economy
John Warren KindtA study in Illinois in the mid-1990s found that 65 percent of businesses were hurt by the proximity of gambling
John Warren KindtGambling has a zero-sum economic effect in its market and, like legalizing cocaine, the socio-economic costs of legalizing gambling overwhelm the benefits
John Warren Kindt