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Casinos Austria International GmbH and Casinos Austria Aktiengesellschaft v Argentina, Award, ICSID Case No ARB/14/32, IIC 1788 (2021), despatched 5th November 2021, United Nations [UN]; World Bank; International Centre for Settlement of Investment Disputes [ICSID]

From: Investment Claims (http://oxia.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved. date: 10 December 2023

1. The present dispute arises out of the revocation, in 2013, of an exclusive 30-year license granted in 1999 to the Argentine company Entretenimientos y Juegos de Azar S.A. (“ENJASA”) for the operation of gaming facilities and lottery activities in the Argentine Province of Salta. ENJASA had been established by the Government of the Province of Salta as part of the process of privatizing the Province’s gaming and lottery sector and developing tourism in the region. Following a public tender and various changes in the ownership structure, ENJASA became majority...
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