Israeli Prime Minister Ehud Olmert is understood to be studying the possibility of establishing a gambling resort in the country's southernmost city, Eilat.
According to a report in TheMarker financial news service, after three years of freezing the matter, Olmert has now established a committee that will be responsible for deciding whether a casino resort is viable, and whether such an establishment would be run by a private franchisee or the state.
Land-based casinos are currently illegal in Israel, and after a casino in the ancient city of Jericho was closed a number of years ago, Israelis have had to travel abroad or gamble on offshore casino cruise ships.
