Codere starts investment arbitration against Panama over gaming regulation
Codere, through its subsidiary Codere América, notified Panama that it had begun investment arbitration against the Junta de Control de Juegos. Codere alleges the regulator allowed competing gaming rooms to operate despite a court ruling declaring new type A slot-machine venues illegal; the parties have entered amicable negotiations.
The dispute concerns the regulator’s enforcement of a court ruling and conditions for gaming operators in Panama.