Israels first legal gambling arena built
Tourism Ministry officials have recently closed a deal with the Israel Land Administration to apportion 12 acres of land on Eilat’s northern shore for Israel’s first legal casino. Hotels -Â commercial trading centers and other tourism venues are expected to be established in the casino area. Tourism Minister Yitzhak Aharonovitch expressed his faith in the project and said this first casino would be the harbinger of additional legal gambling institutes in Israel. 
Another important goal is promoting tourism in Eilat, which is losing tourists to neighboring cities like Aqaba ,,,, Taba and Sharm el-Sheikh ,,,, which have casinos. There is no doubt that building a casino in Eilat will bring economic growth and give a serious boost to the city’s tourism. (The estimated scope of illegal gambling in Israel stands at over $3.6 billion per year).