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Flatto-Sharon seeks to build $80m casino in Eilat Shmuel Flatto-Sharon said most of the profits from the casino would go to the state in tax. Gadi Golan 26 May 05 12:02 German-Jewish businessman Alexander Tessler, who owns the Princess Hotel Eilat, is promoting the joint construction of an $80 million casino in his hotel with Shmuel Flatto-Sharon. Tessler and Flatto-Sharon met yesterday to thresh out the plan, and announced that they would form a group of investors. Tessler has been promoting the establishment of a casino in hotel for several years, and has prepared a 4,000-sq.m. hall for the purpose. Minister of Finance Benjamin Netanyahu recently announced that he would back a casino bill. Minister of Tourism Abraham Hirchson and all Eilat hoteliers support the proposal. Flatto-Sharon estimates the investment in building a casino in Eilat at $80 million.
Flatto-Sharon seeks to build $80m casino in Eilat Shmuel Flatto-Sharon said most of the profits from the casino would go to the state in tax. Gadi Golan 26 May 05 12:02 German-Jewish businessman Alexander Tessler, who owns the Princess Hotel Eilat, is promoting the joint construction of an $80 million casino in his hotel with Shmuel Flatto-Sharon. Tessler and Flatto-Sharon met yesterday to thresh out the plan, and announced that they would form a group of investors. Tessler has been promoting the establishment of a casino in hotel for several years, and has prepared a 4,000-sq.m. hall for the purpose. Minister of Finance Benjamin Netanyahu recently announced that he would back a casino bill. Minister of Tourism Abraham Hirchson and all Eilat hoteliers support the proposal. Flatto-Sharon estimates the investment in building a casino in Eilat at $80 million.