Argentina liable over revoked gaming licence
Credit: Shutterstock/Lobachad
A divided ICSID tribunal has ordered Argentina to pay US$22 million to an Austrian casino group over the revocation of a gaming licence, with a dissenting arbitrator saying the measure was a legitimate response to the investor’s failure to observe rules aimed at preventing money laundering.
To read more
Subscribe to Global Arbitration Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Arbitration Review experts.
Subscribe now