Casinos Austria v. Argentina Casinos Austria International GmbH and Casinos Austria Aktiengesellschaft v. Argentine Republic (ICSID Case No. ARB/14/32)
Rights under a gambling licence granted by the Government of Salta province in Argentina to claimants' local subsidiary, Entretenimientos y Juegos de Azar S.A. (ENJASA).
Claims arising out of the revocation by an Argentinean province of a licence to operate games of chance and lottery held by claimants' local subsidiary under alleged concerns of money laundering.
Tertiary: R - Arts, entertainment and recreation
92 - Gambling and betting activities
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
van Houtte, H.
Schill, S.
Torres Bernárdez, S.
Decided in favour of investor
51.90 mln USD
21.70 mln USD
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

National treatment

Direct expropriation

Indirect expropriation
Indirect expropriation
ICSID annulment proceedings
ICSID annulment proceedings
Landau, T. (President)

Bjorklund, A. K. (Member)

Bulnes Serrano, F. (Member)