September 25, 2015

Israel to open a casino in Eilat

Eilat in Israel could be the first to have a land based casino as Prime Minister Benjamin Netanyahu has started discussions on opening a casino in the southern resort city.

Netanyahu during his campaign election promised that he would look at the possibility of legalizing casinos to check the effects it would possibly have on the socioeconomic impact to the country and at the same time helping to boost the economy along with creating jobs.

The city of Eilat has for many years been the location where Israeli’s go to gamble on ships as they go out to neutral waters and offer gambling on board, so for a casino to be located there would make sense. Also with the continued accusations that these ships offer money laundering and rigged games would remove that problem with a legalised casino resort.

A casino did open in Jericho back in 1998 for some six years before closing in 2004, the casino was allowed as it stood on Palestinian Authority-controlled territory, however with the onslaught of the Second Intifada it never really was the success it had been hoped for.

Building a casino on Israeli land would cause opposition from orthodox Jewish sections of the community, whether it will be a reality is some way off thou.

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