Israel News - Page 2

International News Brief: Gambling tycoon Sheldon Adelson said he has given up hope of building a casino in Israel.

Edge Group's dreams of building a large resort along Harmon Avenue may have new life, a Reuters report from Israel suggests.

International News Brief: Casino magnate Sheldon Adelson and his physician wife Miriam have announced that they will pay for 2,000 young Jewish adults to take part in the Taglit-birthright Israel program.

nternational News Brief: Israeli online casino magnate, Avi Shaked, has offered $1 billion dollars to Palestinian Prime Minister Ismail Haniye if he reaches a peace agreement with his Israeli counterpart.

International News Brief: Israel has opened its first licensed horse-racing track, but betting was suspended on the opening race at the Nir Yaffe Stadium.

International News Brief: A casino in Eilat and later in Mizpe Ramon and at the Dead Sea are among the recommendations of the national task force headed by Dan Hotels chairman Michael Federman that examined ways of boosting the number of tourists visiting Israel.

International News Brief: The Israel Poker Association's Pokerface 2006 tournament commences February 7 at the Tel Aviv Fairgrounds.

International News Brief: The police department's National Fraud Squad launched an investigation on Monday against Israeli websites, including the popular portal Walla, for allegedly posting advertisements for illegal gambling sites.

International News Brief: Israel’s Minister of Tourism Avraham Hirchson says that he would not promote the Eilat casino project at this time.

Seventy-nine players entered the 2005 Israeli Poker Championship, paying a buy-in of approximately $255.

The Israeli Financial Cabinet will discuss in its upcoming session about allowing the first Israeli casino to be built in Eilat, Israel's most popular vacation destination and seaside resort.

Namtiori Ltd. introduces BetOnBourse, a unique Stock Exchange platform betting game that delivers fast action, moment by moment excitement, and up-front profits for operators.

International News Brief: While Israeli legislators debate the legality of gambling, Mifal Hapayis Lottery Authority has 500 slot machines operating in restaurants and pubs, all authorized by the Ministry of Finance.

A selection of news and views from inside the industry this week.

International News Brief: Israelis may find themselves barred from gambling on the betting Web sites marketed by Israeli Naom Lanir, but they will all be invited to invest in his company Empire Online.

International News Brief: Noam Lanir is planning to float Empire Online, which provides marketing techniques to online casinos, at an estimated $1 billion company valuation.

International News Brief: Israeli Tourism Minister Avraham Herschson, who is eager to give the green light to a casino in Eilat, is scheduled to take a delegation to Las Vegas in June to learn about the casino industry.

International News Brief: After years of debate, the government is moving forward at a brisk pace towards legalizing casinos in Israel.

International News Brief: Israel’s Minister of Finance Benjamin Netanyahu told the Knesset Finance Committee today that he was beginning practical preparations for construction of a casino in Eilat.

International News Brief: Finance Minister Binyamin Netanyahu proposed that Israel change the law and allow casino gambling hotels to operate in Eilat.