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Israel to see foreign horse race betting; CasinoTube.com announces launch partners

TAGs: CasinoTube.com, horseracing, Israel

Israel to allow horseracing bettingAfter receiving its longest ever report earlier today, Israel’s Knesset is taking a day off from reading the thing. The Opus-like creation has given way to the Knesset’s Finance Committee deciding that gambling should be allowed on horse races held abroad. The Committee has granted the Israeli Commission for Sports Gambling a permit to offer betting on races taking place abroad at lottery stations throughout the nation.

The Commission is now allowed to contact a foreign operator to operate a betting plan for the horse races taking place abroad. So far, according to ynetnews, one company that they’ve contacted is France’s PMU. After any agreement is signed, races will have to be translated along with the setting up of betting outlets, adjustment of websites, and payment arrangements.

It’s expected that a minimum bet of NIS 10 (€2) will be stipulated and Israelis could be betting on horse races within a year. Tzahi Fishbein, chairman of the Commission for Sports Gambling, said the permit would, “help increase proceeds in favor of Israeli sports.”

In other news, a new affiliate site has confirmed several partners before it goes live later this month. The first sites to sign up to CasinoTube.com are 888, PartyCasino, EGO, WillHill, Winner, JackpotCity, RomeCasino, CasinoRoom and Affactive. As official agent/broker, Ihre Consulting AB tied up the final deals last week and it’s the first time a third party has negotiated all deals on behalf of an affiliate.

“We are very happy with the results and the deals that have been agreed and truly looking forward and already now seeing the great benefit of having true partners on board from day 1 at CasinoTube.com as it will help grow our business as well as theirs.” says Stefan Wittmoss, Co-Founder of CasinoTube.com

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