If I had to guess why Elmwood would be closed its because that is out where nearly all the old school (and just plain old) real gangsters are, like DiFronzo, D'Amico, Andriachhi and others. I expect between them they now own more than enough legit businesses and have more than enough money to not want to risk it by spending the rest of their lives in jail.

Hell if the FBI's numbers on made guys is anywhere near correct, like in the 20s, and it's also true that Mike Posner is a front for three casinos in Aruba and they also have other offshore casinos, why f$$k around with juice loans and car theft. Casinos make a LOT of money.

But that's purely conjecture.