European Gaming Lawyer magazine Autumn 2015 | Page 32

of transparency implies that all the conditions and detailed rules of the licensing procedure must be drawn up in a clear, precise and unequivocal manner. To review this requirement, the CJEU refers to a “reasonably informed tenderer exercising ordinary care” as a standard. This “reasonably informed tenderer” should understand the exact significance of the conditions and rules and interpret them in the same way. Liechtenstein: cancellation of the casino license In January 2012 HYX