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Tribunal in The Hague finds Ukraine liable for indirect expropriation of gambling business

Olympic Entertainment Group v Ukraine PCA Case No. 2019-18

An international tribunal (Neil Kaplan CBE QC SBS, Michael Pryles AO, Christopher Thomas QC) constituted under the Estonia-Ukraine Bilateral Investment Treaty, has ruled in favour of Olympic Entertainment Group in its dispute with Ukraine. The case concerned the prohibition of gambling operations in Ukraine in 2009. The Claimant argued that the enactment of the Gambling […]