"No sooner had control of Oslo's economic development programs shifted to the World Bank, than the basic infrastructure that was supposed to have been built was reported as "repairs" to infrastructure when none in fact existed, while the building of a casino in Jericho took precedence over essential ports, roads, and canals. Those who were involved in the corrupt casino project read like a who's who of the Israeli political establishment -- Prime Minister Ehud Olmert, former primer ministers Benjamin Netanyahu and Ariel Sharon, Minister Avigdor Lieberman and Sharon's advisor Dov Weissglas in concert with an Austrian-Jewish businessman Martin Schlaff who is now being investigated for giving millions of dollars in bribes to Lieberman and Sharon.
The "Gaza and Jericho First" stage of the Oslo Accords provided the perfect opportunity for gambling tycoons to bypass Israel where gambling is illegal. The casino took in around a million dollars a day from Israelis streaming into occupied Jericho for the pleasure of gambling while many Palestinians were barely able to put food on the table. When the Gaza airport and seaport were finally built thanks to European Union efforts along with roads, waterways and the Palestinian broadcasting station, Israel set about destroying each of them, citing security reasons. Conservatively, Israel's destruction of infrastructure has been estimated at $3.5 billion, while lost potential income for the Palestinian economy has been estimated at around $6.4 billion, the total loss far exceeding the overall international assistance received from 1994-1999 (UN General Assembly, Report of the Secretary General A/ 60/90, (d) Assistance to the Palestinian people - Mr Mansour (Palestine), 14 November 2005)." (Thanks Marcy)
Excellent article by Sonja Karkar in Electronic Intifada