The underground economy that accounts for 25% of Israel's GNP
If, in fact, Israel's gambling industry is as large, as the estimated NIS 140 billion a year it would be among the biggest in relative terms among 33 countries belonging to the OECD.
Israel's underground economy turns over NIS 140 billion a year, or about 25% of Israel's gross national product, Ronen Bar-El, a lecturer in economics at the Open University, told the Sderot Conference on Society.
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