The extent of harm caused to the Israeli public from the continued operation of the website, and its ties to Israel; The extent of harm caused to the public’s access to online information and the risk to damage caused to content that is unrelated to the offense of organizing gambling, whether on the website or on another website. The Bank of Israel in respect of banks, credit card companies and trust companies. The Ministry of Finance in respect of money services providers (including 'money change' businesses), insurers, insurance agents and provident funds. The Securities Authority in respect of stock exchange members and portfolio managers.
Regulation is carried out by both central government and local governments. There’s no law that specifically prohibits Australians from using overseas gambling sites. The online gambling legislation in New Zealand is refreshingly straightforward. The Gambling Act of 2003 clearly lays out exactly what is and what isn’t legal.
Gambling may be popular among Israeli players, however, there are only two types of gambling which have been legalized. The Israeli government only permit citizens to play their National Lottery or participate in sports betting. Sadly, for Israelis who love nothing more than placing a wager, traditional casino games are forbidden except on dedicated cruise ships which can be found docked at the bigger port cities in Israel.Mifal Hapayis, the governmental organization which oversees the country’s National Lottery, together with the Israeli Commission for Sports Gambling, is responsible for directing all activities relating to sports betting and the lottery. Yet, even though strict laws are in place surrounding gambling in Israel, table games are as popular with Israeli players as with players elsewhere in the world. Traditional games like blackjack and roulette are greatly enjoyed, but Baccarat is increasing in popularity within the online casinos too. So much so, that Israel has seen a thriving underground gambling sector appearing over recent years which is said to be worth over $3.5 billion a year.The Online Gambling Sector in Israel