CasinoCityTimes.com

Gurus
News
Newsletter
Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links
 

Israel Begins Casino Paperwork

16 May 2005

ISRAEL – As reported by the Israel Globes: "Minister of Finance Benjamin Netanyahu told the Knesset Finance Committee today that he was beginning practical preparations for construction of a casino in Eilat. Preparations include both planning the project and preparing accompanying legislation.

"Netanyahu disclosed the casino plan during a review of the state of the economy at the opening of the Knesset's summer session. He said that investments had totaled an annualized $5 billion in the first quarter, 40% more than the high of $2.9 billion in 2000.

"…'The Israeli economy is considered an overall success a dynamic, open, growing, and regenerating economy,'Netanyahu declared. He attributed the positive results, including continuing growth and falling unemployment, to his advanced policy of cutting taxes and instituting reform…"

< Gaming News