Gaming Strategy
Featured Stories
Legal News Financial News Casino Opening and Remodeling News Gaming Industry Executives Search News Subscribe
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links
Search Our Archive of Gaming Articles 

Sheldon Adelson: Israel Must Build Casino

1 February 2005

ISRAEL -- As reported by Yediot Ahronot: "Hebrew daily "Yediot Ahronot" quotes Sheldon Adelson as saying that what's good for Las Vegas is good for Israel. After accumulating $15 billion in the US gambling industry, the world's richest Jew, Adelson (71) sees no reason why Israel's should not benefit from the industry, too.

"'Israel must build casinos. If not throughout the country, at least in Eilat,' Adelson told Israel Ambassador to the US Daniel Ayalon. 'It will be good for your tourism and economy. As for crime, you have nothing to worry about: Las Vegas is one of the safest places in the world.'

"Adelson, considered a close friend of Prime Minister Ariel Sharon and Minister of Finance Benjamin Netanyahu, told Ayalon that he personally was willing to invest millions in building a casino..."

< Gaming News