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August 24, 2016 / 20 Av, 5776

Posts Tagged ‘gambling’

FM Kahlon Tussles With Netanyahu Over Casinos in Eilat

Tuesday, June 14th, 2016

Kulanu party chairman and Finance Minister Moshe Kahlon apparently is teaming up with Bayit Yehudi chairman and Education Minister Naftali Bennett in a minor political brawl against Prime Minister Benjamin Netanyahu.

The argument is over funding, as usual – this time, a plan to open a casino in Eilat.

In the past Kahlon has sidestepped the issue altogether by saying, “Everyone knows there will not be a casino here.”

The Finance Ministry has taken steps to block gambling activities that target Israelis and others who have low incomes and difficulty walking away from their hopes for easy money.

“Last week we decided to put an end to slot machines and horse races – gambling activities that ruin families. These machines are placed in poor neighborhoods to sell them illusions and hopes while taking money out of their pockets,” Kahlon said, according to the Globes business news site.

“Sadly, this has been going on since 2003 – it has been talked about for years and we decided to take action; soon we’ll remove them, and Mifal HaPayis can scrap them as far as I’m concerned.”

Meanwhile, Netanyahu appointed Tourism Minister Yariv Levin to head a commission to look into the possibility of developing a gambling spot in the southern resort city.

But Kahlon told journalists at the start of the Kulanu faction meeting in the Knesset on Monday: “The State of Israel does not need casinos. It needs to provide education, values, and jobs – not a casino.”

Hana Levi Julian

This is a #Random Act

Tuesday, February 10th, 2015
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Israelis Love of the Lottery Pushes Revenues Up by 14 Percent

Monday, July 15th, 2013

The safest bet in Israel is that the national lottery Mifal HaPayis will make money. It announced Sunday that it raked in $810 million in the first six months of 2013, 14 percent more than in the same period last year.

The most popular game is the lotto, which brought in $214 million, one-third more than in the first six months of 2012.

Mifal HaPayis plows its profits back into communities, doling out $130 million to local authorities in the period from January through June, the highest semi-annual amount in history.

Jewish Press News Briefs

Printed from: http://www.jewishpress.com/news/breaking-news/israelis-love-of-the-lottery-pushes-revenues-up-by-14-percent/2013/07/15/

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