Warren Buffett Speaks Out Against Government-Sanctioned Gambling
Warren Buffett on Gambling – Transcript
Warren Buffett on Gambling – Transcript
This study by the Nova Scotia Department of Health found that only 4% of net gambling machine (or so-called “video lottery”) revenue was derived from “casual” players, even though they
The Columbia University School of Public Health, one of America’s leading public health programs, published a national investigation into the massive public health impacts of government-sponsored casinos and lotteries. Led
Frank “Lefty” Rosenthal, a legendary Las Vegas casino operator played by the actor Robert De Niro in the movie “Casino,” said this about gambling in a 1997 PBS Frontline interview:
This must-read New York Times Magazine cover story by Gary Rivlin exposes the slot machine business as predatory and deceptive. New York Times story on slots by Gary Rivlin
UIGEA 2006 – Fact Sheet
Prior to the massive crash of the highly-predatory subprime lending business which nearly every state Attorney General sued for their predatory practices, former Harrah’s top executive Rich Mirman boasted to
A 2009 report by the Rockefeller Institute of Government at the State University of New York Albany concluded that predatory gambling worsens long term budgetary problems for states. Read the
Yale University’s Emily Haisley analyzed why poor people play the lottery even more when times are tough. Read this New York Times story about her report. Citation: Carnegie Mellon University (2008,
This essay written by Barbara Dafoe Whitehead appeared in the July/August 2008 issue of The American Interest. It is excerpted and adapted from For a New Thrift: Confronting the Debt