An Overview Of Gambling Law In Israel

Law360, New York (March 12, 2015, 10:00 AM EDT) -- The dream of becoming an overnight millionaire by getting ''lucky'' through gambling or gaming is one shared by millions of people around the world. Sadly the opposite is usually true and many a hopeful citizen has become poorer for his or her efforts and, in some cases, resulting in serious addiction and penury. The legislature in Israel has recognized these potential problems and, thus, it is fair to say that the law in Israel on gambling and gaming is rather conservative and protective over its citizens. These laws are also significantly driven by a desire to curb money-laundering.

Regulation in Israel...

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