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
Chega Edges Out CDU by Just 3 Votes in Lisbon, Securing Two Council Seats in Dramatic Election Outcome
1 hour ago•
970
Amnesty International Slams Portugal's Ban on Face-Covering Veils as Discriminatory and Rights-Violating
3 hours ago•
1010
Lisbon's Bold Choice: A New Era of Effective Governance and Urban Development
5 hours ago•
880
Gil do Carmo's 'Mediterrâneo' Album: A Raw Critique of Lisbon's Gentrification and Digital Nomad Invasion
18 hours ago•
950
Fugitive Wanted for French Apartment Robbery Captured in Lisbon After 7-Year Manhunt
14 hours ago•
890
Portugal Leads D9+ Lisbon Declaration: Major AI Investment and Digital Transformation for Europe
17 hours ago•
980
Irish Man Found Dead on Lisbon Street: No Evidence of Foul Play, Police Say
15 hours ago•
940
Algarve Wine Production Plummets 10% Due to Climate Instability - Record Growth Threatened
12 hours ago•
850
Portugal Parliament Bans Burqa in Public Spaces: What You Need to Know
1 day ago•
980
Tragic Collision in Lisbon: Man Dies After Car Crashes with Two Garbage Trucks, City Council Launches Internal Investigation
7 hours ago•
830
Algarve Wine Production Plummets 10% Due to Climate Instability
1 day ago•
950
Your Vote Counts! Pingo Doce's Bairro Feliz Program Launches Today in Algarve Stores
1 day ago•
940
Nurses Strike in Portugal as Government Fails to Address Staffing and Career Concerns
1 day ago•
1020
Tragic Collision in Lisbon: Man Dies After Car Crashes Into Two Garbage Trucks on Berlin Avenue
1 day ago•
930
Lisbon Taxi Driver Confesses to Fatal Hit-and-Run of 21-Year-Old Student and Apologizes to Victim's Parents
1 day ago•
1020
Over 100 Police Officers Protest in Lisbon Demanding Better Salaries and Benefits
2 days ago•
970
Other Latest News
Chega Edges Out CDU by Just 3 Votes in Lisbon, Securing Two Council Seats in Dramatic Election Outcome
1 hour ago•
970
Amnesty International Slams Portugal's Ban on Face-Covering Veils as Discriminatory and Rights-Violating
3 hours ago•
1010
Lisbon's Bold Choice: A New Era of Effective Governance and Urban Development
5 hours ago•
880
Gil do Carmo's 'Mediterrâneo' Album: A Raw Critique of Lisbon's Gentrification and Digital Nomad Invasion
18 hours ago•
950
Fugitive Wanted for French Apartment Robbery Captured in Lisbon After 7-Year Manhunt
14 hours ago•
890
Portugal Leads D9+ Lisbon Declaration: Major AI Investment and Digital Transformation for Europe
17 hours ago•
980
Irish Man Found Dead on Lisbon Street: No Evidence of Foul Play, Police Say
15 hours ago•
940
Algarve Wine Production Plummets 10% Due to Climate Instability - Record Growth Threatened
12 hours ago•
850
Portugal Parliament Bans Burqa in Public Spaces: What You Need to Know
1 day ago•
980
Tragic Collision in Lisbon: Man Dies After Car Crashes with Two Garbage Trucks, City Council Launches Internal Investigation
7 hours ago•
830
Algarve Wine Production Plummets 10% Due to Climate Instability
1 day ago•
950
Your Vote Counts! Pingo Doce's Bairro Feliz Program Launches Today in Algarve Stores
1 day ago•
940
Nurses Strike in Portugal as Government Fails to Address Staffing and Career Concerns
1 day ago•
1020
Tragic Collision in Lisbon: Man Dies After Car Crashes Into Two Garbage Trucks on Berlin Avenue
1 day ago•
930
Lisbon Taxi Driver Confesses to Fatal Hit-and-Run of 21-Year-Old Student and Apologizes to Victim's Parents
1 day ago•
1020
Over 100 Police Officers Protest in Lisbon Demanding Better Salaries and Benefits
2 days ago•
970
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!