Portugal's government will not have to repay €15.5 million to Solverde, the operator of three Algarve casinos (Monte Gordo, Praia da Rocha, and Vilamoura). This decision comes after the Supreme Administrative Court annulled a previous ruling from an arbitration tribunal that had mandated the payment last July. This outcome marks a significant victory for the state in its ongoing financial dealings with the casino group.
Público•9 months ago•
950
Portugal's State Wins Legal Battle: No Need to Repay €15 Million to Algarve Casino Group
Share this content:
Summary:
State clears €15.5 million repayment to Solverde, the casino operator
Supreme Administrative Court overturns previous arbitration ruling
Significant impact on financial dealings with Algarve casinos
Newsletter
Subscribe our newsletter to receive our daily digested news
Join our newsletter and get the latest updates delivered straight to your inbox.
OR
PortugalToday.news
Get PortugalToday.news on your phone!
Other Latest News
Shocking Legal Gap in Lisbon's Funicular Supervision Revealed After Gloria Elevator Tragedy
33 minutes ago•
820
Spooktacular Halloween at Domes Lake Algarve: 5 Days of Family Fun in Vilamoura
2 hours ago•
840
SheUltra Portugal Debuts in the Algarve: World's Largest Women's Trail Event Arrives November 1st
4 hours ago•
900
Wyndham Grand Algarve Reopens Indoor Pool Just in Time for Cooler Days
6 hours ago•
960
Blackstone Sells Eight Prime Logistics Assets in Greater Lisbon for €100 Million
7 hours ago•
850
Lisbon's University Parties Sizzle as Spanish Drink Brand La Casera Steals the Show
5 hours ago•
970
Algarve's Bold Push to Win Over American Travelers: Luxury Tourism Expansion Revealed
10 hours ago•
820
Shocking Confession: Daughter of José Manuel Anes Admits to Attempted Murder of Her Father on Social Media
9 hours ago•
900
Spain Pushes EU to End Daylight Saving Time Forever - Health and Energy Concerns Drive Historic Proposal
11 hours ago•
860
Discover Lisbon's Premier Art Fair: Drawing Room Lisboa Returns with 65+ Artists and €20,000 Prize
19 hours ago•
890
Shocking Report Reveals Critical Safety Failures in Lisbon's Gloria Elevator Accident
22 hours ago•
950
Lisbon Election Crisis: CDU vs Chega Tie Could Force New Elections
17 hours ago•
940
Wyndham Grand Algarve Reopens Indoor Pool with Family Fun and Halloween Magic This Autumn
23 hours ago•
830
Algarve's €74 Million Water Resilience Plan to Combat Drought and Climate Change
1 day ago•
830
European Parliament Revives Debate on Ending Seasonal Time Changes
16 hours ago•
910
Lisbon and Porto Rank Among Europe's Top 10 Happiest Cities for 2025
1 day ago•
900
Algarve Traffic Crackdown: 693 Offenses in One Week, Including 382 Speeding Violations
1 day ago•
1020
ETIC_Algarve Marks 15 Years with Launch of Dynamic New Website
1 day ago•
820
Lisbon's Political Map Painted Pink and Orange: A Divided City After Local Elections
1 day ago•
950
CDU Challenges Lisbon Election Results in Constitutional Court Over 3-Vote Margin
1 day ago•
920
PSP Arrests 14 in Algarve Weekend Crackdown on Crime
1 day ago•
890
Rev Up for the Algarve Classic Festival: A Weekend of Historic Racing Thrills!
1 day ago•
900
Newborn Baby Found Abandoned at Leiria Fire Station Doorstep in Shocking Discovery
1 day ago•
900
Portugal's Clocks Fall Back This Weekend: Winter Time Begins with Key Dates for 2026
1 day ago•
940
Lisbon's Foreign Population Soars: 2 in 5 Residents Are Now Immigrants
2 days ago•
1020
Lisbon Metro's New Trains Still Running Empty at Night: What's Causing the Delay?
2 days ago•
920
PS Backs Seguro for Presidential Race in Dramatic Political Move
2 days ago•
930
Thousands March in Lisbon for Gaza Ceasefire and Two-State Solution
2 days ago•
850
Major Drug Bust in Greater Lisbon: PSP Seizes Tons of Hashish and Arrests Multiple Suspects
1 day ago•
1000
Other Latest News
Shocking Legal Gap in Lisbon's Funicular Supervision Revealed After Gloria Elevator Tragedy
33 minutes ago•
820
Spooktacular Halloween at Domes Lake Algarve: 5 Days of Family Fun in Vilamoura
2 hours ago•
840
SheUltra Portugal Debuts in the Algarve: World's Largest Women's Trail Event Arrives November 1st
4 hours ago•
900
Wyndham Grand Algarve Reopens Indoor Pool Just in Time for Cooler Days
6 hours ago•
960
Blackstone Sells Eight Prime Logistics Assets in Greater Lisbon for €100 Million
7 hours ago•
850
Lisbon's University Parties Sizzle as Spanish Drink Brand La Casera Steals the Show
5 hours ago•
970
Algarve's Bold Push to Win Over American Travelers: Luxury Tourism Expansion Revealed
10 hours ago•
820
Shocking Confession: Daughter of José Manuel Anes Admits to Attempted Murder of Her Father on Social Media
9 hours ago•
900
Spain Pushes EU to End Daylight Saving Time Forever - Health and Energy Concerns Drive Historic Proposal
11 hours ago•
860
Discover Lisbon's Premier Art Fair: Drawing Room Lisboa Returns with 65+ Artists and €20,000 Prize
19 hours ago•
890
Shocking Report Reveals Critical Safety Failures in Lisbon's Gloria Elevator Accident
22 hours ago•
950
Lisbon Election Crisis: CDU vs Chega Tie Could Force New Elections
17 hours ago•
940
Wyndham Grand Algarve Reopens Indoor Pool with Family Fun and Halloween Magic This Autumn
23 hours ago•
830
Algarve's €74 Million Water Resilience Plan to Combat Drought and Climate Change
1 day ago•
830
European Parliament Revives Debate on Ending Seasonal Time Changes
16 hours ago•
910
Lisbon and Porto Rank Among Europe's Top 10 Happiest Cities for 2025
1 day ago•
900
Algarve Traffic Crackdown: 693 Offenses in One Week, Including 382 Speeding Violations
1 day ago•
1020
ETIC_Algarve Marks 15 Years with Launch of Dynamic New Website
1 day ago•
820
Lisbon's Political Map Painted Pink and Orange: A Divided City After Local Elections
1 day ago•
950
CDU Challenges Lisbon Election Results in Constitutional Court Over 3-Vote Margin
1 day ago•
920
PSP Arrests 14 in Algarve Weekend Crackdown on Crime
1 day ago•
890
Rev Up for the Algarve Classic Festival: A Weekend of Historic Racing Thrills!
1 day ago•
900
Newborn Baby Found Abandoned at Leiria Fire Station Doorstep in Shocking Discovery
1 day ago•
900
Portugal's Clocks Fall Back This Weekend: Winter Time Begins with Key Dates for 2026
1 day ago•
940
Lisbon's Foreign Population Soars: 2 in 5 Residents Are Now Immigrants
2 days ago•
1020
Lisbon Metro's New Trains Still Running Empty at Night: What's Causing the Delay?
2 days ago•
920
PS Backs Seguro for Presidential Race in Dramatic Political Move
2 days ago•
930
Thousands March in Lisbon for Gaza Ceasefire and Two-State Solution
2 days ago•
850
Major Drug Bust in Greater Lisbon: PSP Seizes Tons of Hashish and Arrests Multiple Suspects
1 day ago•
1000
Comments
Join Our Community
Sign up to share your thoughts, engage with others, and become part of our growing community.
No comments yet
Be the first to share your thoughts and start the conversation!