Israel’s PM greenlights Eilat casino study, says Adelson won’t be involved

Israel’s prime minister has given legislators the green light to proceed with a plan to authorize as many as four casinos in the coastal city of Eilat, while insisting that casino tycoon Sheldon Adelson won’t be involved.

In September, Israel announced plans to consider authorizing the nation’s first casino in Eilat, a fading tourist spot on the Red Sea coast.

On Wednesday, Ynet News reported that PM Binyamin Netanyahu had publicly authorized the formation of a steering committee led by Tourism Minister Yariv Levin to come up with a plan to allow between two and four casinos in Eilat.

The plan is for a major tourism complex to be built on the site of Eilat’s former airport. The complex would feature hotels, entertainment venues, an amusement park, retail and dining options as well as the aforementioned gaming venues.