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Israeli Cabinet Approves Horse Racing

27 July 2004

ISRAEL – As reported by the Haaretz: "The social and economic cabinet yesterday approved horse racing in the north and south of the country, including betting at the race tracks.

"The government will now have to introduce legislation to change the law that prohibits gambling in sport.

"The first race track will be in the north in the Gilboa region, and later one will be built in the south.

"The ministers hoped entrepreneurs would be encouraged to invest in raising horses, establishing veterinary facilities, riding schools and services, and that this would provide jobs and boost the economy.

"…The chair of the Gilboa regional council, Danny Atar, said tourism was expected to burgeon in the region and the population of the area would grow, as a result of the change…"

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