Split Tribunal Finds No Jurisdiction Over Casino Claims Against Ecuador

( January 12, 2026, 8:19 AM EST) -- THE HAGUE, Netherlands — A split tribunal hearing a $152 million claim brought by two dual Ecuadorian-Italian nationals against the Republic of Ecuador for harming their casino investments by banning gambling dismissed the claims due to lack of jurisdiction after finding that the claimants’ dominant nationality is Ecuadorian; the dissenting arbitrator said this nationality test was “erroneously inserted.”...