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•3 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
Clash of Ideologies: André Ventura vs. Paulo Raimundo in Heated CNN Portugal Debate
2 hours ago•
870
Graffiti Gone Wrong: Two Arrested for Defacing Lisbon Metro Cars
5 hours ago•
960
Lisbon's Rental Support Program Delayed: Beneficiaries at Risk of Default
3 hours ago•
890
New Government's First Council Meeting: Major Changes Ahead
7 hours ago•
870
Investigation Launched Against Pedro Nuno Santos Over Property Acquisitions: What Are the Allegations?
9 hours ago•
900
High-Profile Businessman Mário Ferreira Faces Serious Tax Fraud Charges in Major Ship Deal
8 hours ago•
820
Airbnb's Bold Stand Against Lisbon's New Short-Term Rental Rules: A Family's Struggle
10 hours ago•
950
Over 2,300 Patients Remain in Hospitals Despite Discharge: A Deep Dive into Portugal's Social Admissions Crisis
12 hours ago•
860
Exciting Opportunity: Benfica Launches Bid for 50 Affordable Housing Units
11 hours ago•
830
Explora I Makes Its Grand Debut in Lisbon: A Luxurious Cruise Experience
14 hours ago•
930
Shocking Attack: Son Arrested for Stabbing Mother in Lisbon
13 hours ago•
1000
Mild Earthquake of 3.1 Magnitude Shakes Évora: What You Should Know
18 hours ago•
930
Church Sells Porto Properties at Bargain Prices Amid Allegations of Fraud
16 hours ago•
970
Fiery Debate: Pedro Nuno Santos vs. André Ventura on Governance and Immigration
19 hours ago•
910
Portugal's Government Revives Proposal for Border Police within PSP: What You Need to Know
1 day ago•
850
Montenegro Defends Tax Reforms Against Opposition Criticism: A Political Game?
1 day ago•
970
Other Latest News
Clash of Ideologies: André Ventura vs. Paulo Raimundo in Heated CNN Portugal Debate
2 hours ago•
870
Graffiti Gone Wrong: Two Arrested for Defacing Lisbon Metro Cars
5 hours ago•
960
Lisbon's Rental Support Program Delayed: Beneficiaries at Risk of Default
3 hours ago•
890
New Government's First Council Meeting: Major Changes Ahead
7 hours ago•
870
Investigation Launched Against Pedro Nuno Santos Over Property Acquisitions: What Are the Allegations?
9 hours ago•
900
High-Profile Businessman Mário Ferreira Faces Serious Tax Fraud Charges in Major Ship Deal
8 hours ago•
820
Airbnb's Bold Stand Against Lisbon's New Short-Term Rental Rules: A Family's Struggle
10 hours ago•
950
Over 2,300 Patients Remain in Hospitals Despite Discharge: A Deep Dive into Portugal's Social Admissions Crisis
12 hours ago•
860
Exciting Opportunity: Benfica Launches Bid for 50 Affordable Housing Units
11 hours ago•
830
Explora I Makes Its Grand Debut in Lisbon: A Luxurious Cruise Experience
14 hours ago•
930
Shocking Attack: Son Arrested for Stabbing Mother in Lisbon
13 hours ago•
1000
Mild Earthquake of 3.1 Magnitude Shakes Évora: What You Should Know
18 hours ago•
930
Church Sells Porto Properties at Bargain Prices Amid Allegations of Fraud
16 hours ago•
970
Fiery Debate: Pedro Nuno Santos vs. André Ventura on Governance and Immigration
19 hours ago•
910
Portugal's Government Revives Proposal for Border Police within PSP: What You Need to Know
1 day ago•
850
Montenegro Defends Tax Reforms Against Opposition Criticism: A Political Game?
1 day 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!