Skip to Content

Tag Archives: Eilat

Israel – Eilat casinos could generate US$0.5bn

Research carried out by the Israeli Finance Ministry and the Tourism Ministry in December predicts the envisaged casino sector capable of generating annual revenue of US$336m. It believes though that after several years of operation that figure will reach US$0.5bn. Tourism Minister Yariv Levin’s wants the government to approved a strip with four casinos, which…

Israel – Tourism Minister proposes four-casino compound in Eilat

Israeli Prime Minister Benjamin Netanyahu has given the clearest sign yet that casinos are heading to Israel’s tourist city of Eilat, seemingly offering his support to Tourism Minister Yariv Levin’s proposal to develop a strip with four casinos. The Prime Minister’s Office said the casino initiative was needed ‘to save Eilat and create thousands of…