Israeli Finance Ministry Details Social, Economic Costs of Proposed Casinos

But treasury also points to economic benefits, as Israel begins weighing pros and cons of legalized gambling.

Rina Rozenberg Kandel

Feb 22, 2016 9:35 PM

The establishment of casinos in the southern resort town of Eilat would increase by 30,000 the number of Israelis with a gambling problem and cost the economy 185 million shekels ($47.3 million) annually,...

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