Gapers Block has ceased publication.

Gapers Block published from April 22, 2003 to Jan. 1, 2016. The site will remain up in archive form. Please visit Third Coast Review, a new site by several GB alumni.
 Thank you for your readership and contributions. 


Wednesday, March 29

Gapers Block

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The city of Rosemont won a highly coveted gambling license this week, and is planning to build a casino with the help of the company Isle of Capri Casinos, Inc. But now state officials and Wall Street investors are taking a second look at the business practices of the company, which has generated a large debt from aggressive growth strategies. Even if the company passes scrutiny, it may still face hurdles on the path to building a casino in Rosemont, in the form of Illinois officials who aren't happy with the choice (and would have preferred runners-up Waukegan or Des Plaines) and a very long approval process.

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