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Olympic Entertainment files lawsuit against Ukraine’s gambling ban

George Miller
January 25, 2019
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Olympic Entertainment files lawsuit against Ukraine’s gambling banReading Time: 1 minute

 

Olympic Entertainment filed a lawsuit against Ukraine in international arbitration against the ban and the closure of its casinos.

The Ministry of Justice received a message from Olympic Entertainment Group about opening arbitration proceedings against Ukraine in accordance with the arbitration rules of the UN Commission on International Trade.

In 2009, the Ukrainian government imposed a ban on gambling and restricted the activities of gambling establishments in the country.

The company claims that Ukraine has taken discriminatory measures and violated the rule of protecting foreign investment.

The case will be considered by international ad hoc arbitration. At the moment, there is a procedure for the formation of the arbitration tribunal. Ukraine decided to involve a foreign legal adviser to participate in the trial.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Olympic Entertainment files lawsuit against Ukraine’s gambling ban

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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Expertise & Evolution – More Than Just News

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