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Gambling legislation in Israel remains ambiguous still

Niji Ng

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From the outside, the gambling legislation is Israel looks simple and straight forward. Gambling is banned in the country, according to the Israeli Penal Law 5737 of 1977. But the same law does not address online gambling in any manner. It is leading to much confusion and speculation.

There have been several illegal operators offering online gambling and claiming that it is not illegal. The law regarding this lies in bit of a grey area. In 2005, there were some developments. The then Israeli Attorney General took a stern stance against online gambling when he issued orders that not only mandated the closure of online gambling operators with servers based in Israel, but also penalised credit card companies that processed transactions for such online casino and gambling site operators.

The present situation is ambiguous. Attorneys interpret the law books as severely cracking down on casino gambling with some serious consequences for offenders, while in contradiction allowing sports betting and lottery as being perfectly legal.

Land-based casinos are banned in the country. The ban has resulted in several undercover casinos and gambling tables that operate behind closed doors. Not only are these unregulated and potentially frivolous, but such platforms can be downright dangerous. The gambling ban in Israel has come under some serious criticism of late for precisely such reasons. Not only will the legalisation of casino gambling and gambling games like poker allow for safe, fair and regulated casinos, but it is also a great boost to the economy as it is heavily taxable. In fact, these are exactly the reasons why the ban was lifted in Britain.

British legislators were able to identify that a ban is not effective in stopping gambling, it is instead just forcing gambling underground and the country is also losing out on hundreds of millions (now billions) of pounds of revenue that a legal gambling market would generate every year. In the UK, with respect to sports betting, a 15 per cent tax on all gross profits made by punters has replaced an older betting duty of 6.75 per cent. In January of 2010, the revenue generated from the gambling industry in Britain was extrapolated to be nearly £6 billion which at the time was a staggering 0.5 per cent of the GDP of the United Kingdom. If the copious amounts of money generated is not incentive enough for Israeli law makers to legalise gambling and regulate it closely, then surely, one would think that the fact that the industry in the UK employs and empowers nearly 100,000 people and generates over £700 million in tax revenue would certainly put them over the fence, but remarkably, not so.

Despite the fact that Israel adopted the legal framework of Britain, including the ban on gambling, Israeli gambling laws do not seem to be as dynamic and evolving as its English counter-part. The Israeli laws revolving around gambling and the ban on casinos and games like poker are archaic in this day and age to say the least.

Will Israel follow in the footsteps of Britain, from whom they adopted the gambling ban, and lift the ban? Only time will tell, but at this point, they seem to be in no hurry to do so.

Source: Jerusalem Post / LEO GIOSUÈ

Niji has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. Besides reporting industry headlines from all around the globe, Niji is also head of the content management team at Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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KPMG-led initiative raises funds for ALS Malta

Niji Ng

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KPMG-led initiative raises funds for ALS Malta
Photo Source: maltatoday.com.mt
Reading Time: 1 minute

 

KPMG have raised funds worth €9,000 for the ALS Malta Foundation from a number of iGaming operators such as  GiG Gives, SiGMA, Microgaming and L&L Europe. A few months before, KPMG in Malta decided to assist the ALS Malta Foundation in its fundraising efforts to create a bigger and better ‘Dar Bjorn’. ‘Dar Bjorn’ has played an integral role in improving the lives of Amyotrophic Lateral Sclerosis (ALS) patients since its inception.

The requires funds to raise awareness, improve the lives of ALS sufferers, and improve ALS and Motor Neurone Disease (MND) research at the University of Malta.

Along with the Research Innovation and Development Trust (RIDT), the organisation is making great strides in its bid to improve the lives of ALS and MND sufferers.

The organisation offers significant support to ALS and MND sufferers on the island of Malta.

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NetEnt and Bethard combine to create exclusive virtual live casino

George Miller

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NetEnt and Bethard combine to create exclusive virtual live casino
Reading Time: 2 minutes

Next generation casino and sportsbook Bethard has become the latest operator to launch an exclusive virtual casino with NetEnt.

 

The custom-built virtual casino product reflects Bethard’s bold and innovative style. In the casino, Next Level Live, players can move between three stunning external environments (underwater, volcano and space), depending on the action on the two blackjack and one roulette tables.

There is also a special sports roulette table which shows players a feed of live football results. This new joint venture between Bethard and NetEnt shows the vast potential of NetEnt Live’s proprietary live casino technology.

NetEnt’s exclusive virtual casinos are collaborative productions with partner casinos, allowing brands to fully leverage their identity.

NetEnt’s exclusive virtual casinos generate a virtual multi-table environment. Players enjoy a superior UX thanks to a multitude of camera positions that also provide visibility of the other tables. The virtual casino from NetEnt makes it easy for players to change games and tables, without having to return to the lobby.

Henrik Fagerlund, Chief Product Officer of NetEnt, said: “Bethard is a super-ambitious brand with aggressive growth plans to match. With Next Level Live, we have jointly created a unique live casino experience that perfectly fits their personality and is guaranteed to boost engagement.”

Bjørnar Heggernes, Casino Manager at Bethard, said. “Next Level Live allows us to have an unprecedented level of product ownership and control and the result is a live casino which is 100 percent Bethard. This authenticity means that players are getting the true and irreplaceable Bethard experience – we are sure our players will love it.”

Bethard joins Mr Green, Unibet and Ninja Casino as operators with an exclusive virtual casino from NetEnt.

 

 

NetEnt AB (publ) is a leading digital entertainment company, providing premium gaming solutions to the world’s most successful online casino operators. Visit www.games.netent.com to try our games. Since its inception in 1996, NetEnt has been a true pioneer in driving the market with thrilling games powered by their cutting-edge platform. With innovation at its core, NetEnt is committed to helping customers stay ahead of the competition. NetEnt is listed on Nasdaq Stockholm (NET-B), employs 900 people and has offices in Stockholm, Malta, Kiev, Gothenburg, New Jersey, Krakow and Gibraltar.

 

Bethard Group is a multifaceted group offering various iGaming related services including online casino, sports betting, white label services and gaming platform services. It is operating under a Maltese, UK and Danish licence, with applications pending for German, Swedish and Irish licenses.

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Red Tiger Gaming teams up with Hero Gaming

George Miller

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Red Tiger Gaming teams up with Hero Gaming
Reading Time: 2 minutes

 

Partnership in place ahead of Swedish market opening

 

Leading casino game and software provider Red Tiger Gaming has completed a deal to distribute its popular slots to Hero Gaming.

The deal will see the provider’s games made available on the operator’s Casino Heroes, CasiTabi, Betser, and Speedy Casino brands.

Gavin Hamilton, CEO of Red Tiger Gaming, said the timing of the deal, ahead of next month’s debut of Sweden’s newly-regulated market, was particularly important.

He added: “Hero Gaming operates brands that have a similar outlook to us and we are very pleased to be supplying them with our games. They like to wow their customers with real innovation and creativity and provide them with a great user experience.

“We’re looking forward to working with them in Sweden next year and building a long-term partnership with their casinos in other regulated markets around the world.”

Tomas Backman, Hero Gaming CEO, said: “Red Tiger Gaming’s products are among the most popular in the industry and we’re very excited about offering them to our players for the first time.

“We take great pride in our gaming content and how we present it to our players and I’m confident they will enjoy this latest addition to our market-leading portfolio.”

Hero Gaming was founded in 2014 by current CXO Georg Westin with the aim of making casino gaming more fun by combining it with new revolutionary features created within the company.

CasinoHeroes was launched, and soon after CasiTabi.com, with its focus on the Japanese market. Next up was alternative sportsbook, Betser.com launched in 2016.

2018 has seen continued growth with the launch of the so-called ‘Pay and Play’ brands SpeedyCasino.com and SpeedyBet.com.

 

About Red Tiger Gaming:

Red Tiger Gaming is a young and dynamic casino games developer offering top-performing HTML5 slots and table games, a bespoke progressive jackpot system and Smart Spins, an innovative bonus management application. Founded in late 2014 by a group of industry veterans from major B2B and B2C gaming brands, the company is growing fast and is now served by over 200 full time staff including mathematicians, graphic designers, software developers, audio engineers, gambling experts, QAs, account managers and secret magicians; all entirely dedicated to continuously improving the slots player experience. Learn more at: www.redtigergaming.com

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