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Israeli Cops Raid Online Gambling Media Office


Published: Tuesday, December 20, 2005 Online-Casinos.com

ISRAELI COPS RAID ONLINE GAMBLING MEDIA OFFICES

Allegations of accepting advertising for illegal online gambling sites

The Israeli business publication Globes Online reports that A raid took place this week on the physical offices of public company and Internet websites Walla! and Sport Line on suspicion that advertisements for illegal online gambling sites had been accepted.

The computer crime department of the Israeli Police National Fraud Unit conducted the raid, in which a search was carried out in order to collect evidence and possible suspects and witnesses were interviewed.

The investigation was instigated by the Attorney General and the State Prosecutor’s Office, which instructed the Police Investigations and Security Department to act against advertising for gambling websites, particularly Internet advertising.

It was alleged that Walla! had advertised a number of gambling sites, such as BeTheDealer Casino, Stan James and King Solomon Casino, and that Sport Line had also advertised a gambling site.

Walla Communications advised the Tel Aviv Stock Exchange that it had no details on the investigation. The company also noted that its revenue from the advertisement of gambling sites was not significant.

The main shareholders in Walla Communications are Bezeq International (43 percent) and Haaretz Publishing (27.7 percent). Walla earned an NIS 8.1 million profit on NIS 54.2 million in revenue in January-September 2005.

It is not known whether any prosecutions are contemplated by the authorities.



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