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ICSID Tribunal finds Argentina liable for unlawful expropriation based on Provincial Gaming Regulator's decision

Photo by Kvnga / Unsplash

The Tribunal found that Salta’s provincial gaming regulator ENREJA acted in bad faith, favoured local gaming operators and increased its own gaming revenues when it revoked ENJASA's 30 year licence. This article traces the dispute’s background and highlights the central arguments presented in the proceedings before ICSID.

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