Four Persons Accused of Facilitating Online Gambling in Israel

$15 million worth of pre-paid gambling cards distributed for use on gambling sites?

An indictment was filed with the Rishon Lezion Magistrate’s Court in Israel on Sept. 14, accusing four men of providing for organization of gambling, money laundering and tax evasion.

The men in question are Yoel Azari, Yair Azari, Meir Mizrachi and Golan Shaul, and they face charges for selling thousands of prepaid gambling cards worth around US$15 million for international gambling websites under the auspices of a company MYM Ltd, reportedly profiting around NIS 4 million (around US$1 million) from the distribution.

All types of gambling is illegal in Israel, with the exception of the national lottery and the Israeli Commission for Sportsbetting. This prohibition also involves Israeli credit card companies and Israeli ISPs.

The charges also claim that the defendants transferred large sums of money estimated at almost US$9 million from the card sales to two major online gambling operators based outside of Israel, without reporting most of the income to the tax authorities.

The State Attorney said in a statement that the investigation and indictments demonstrate “...another step in the economic enforcement against the Internet gambling phenomenon,” adding that further indictments may be filed against others involved in the case.

Live activity feed

Swipe left or right to see more

lcb activities in the last 24 hours

  • 37
    new members
  • 601
    members online
  • 15939
    guests online
  • 94
    new posts
  • 13914
    free games played
Join the club

Highest Community Rated Online Casinos

Swipe left or right to see more

Latest forum posts

Join today and start earning rewards

You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
S logo

Report to moderator

Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

Please note that your email address will be revealed to the moderators if you use this

Select Language
Search Results