Publication Date

5-10-1994

Abstract

Riverboat gambling IS characteristic of the political economic theory which states development is managed by a growth machine, which is a small number of key actors and institutions in the community (Holupka and Schlay, 176). Those actors, such as politicians and businessmen, often benefit the most and are likely to encourage public funding in order to assure the business will locate in the city. (Holupka and Schlay, 180). Unlike most corporations, which would probably have thousands of investors, the riverboats have limited partnerships and are considered entrepreneurial endeavors in which the partners anticipate a high return on their investment. The riverboat casinos are also unique in that they are a limited monopoly for those few who were lucky enough to receive a license from the Illinois Gaming Board.

Disciplines

Political Science

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