Resident of "Azov-City

Let us remind you that after the closure of the Azov City gambling zone, several investors had to say goodbye to their casinos.

Then "Royal Time" decided to sue in order to receive compensation for the lost profits, as well as for the losses incurred. During the meeting, representatives of the company said that when closing the gambling zone, the authorities ignored obligations to investors. And they suffered losses.

But, as it was written in the explanation, the government can close the gambling facility 10 years after its construction. And Azov-City was liquidated 11 years after its opening. In addition, the investor had to understand the entrepreneurial risks.

Thus, his claim was not satisfied and he was left without compensation.

Author: © Alexander Filipov

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