Financial institutions will be required to report suspicious transfers to online gambling sites.
The Israeli government will have to pay USD 6.6M to GBI Racing after a ban on horse racing betting became effective in the country.
The Israeli legislature has passed a bill that foresees a ban on binary option trading within the country.
With the latest approval, the Court is now able to block or remove sites that promote criminal activity.
NRGbinary a web domain registered by an Israeli in London allegedly defrauded hundreds of people out of anywhere between US$10,000 and several hundreds of thousands of dollars.
A report on gambling drafted by the Israeli government has recommended limiting the growth of the industry without reducing its current scope.