Portugal Extends Casino Licenses as 15-Year Tender Delays
Portugal’s government has moved to temporarily prolong existing casino concessions after an international bidding process for five properties failed to reach completion before the end of the year. The decision affects land-based casinos in the Algarve, Espinho, and Póvoa de Varzim gaming zones, where current operators Solverde and Estoril Sol will remain in place while the tender process continues. According to The Portugal News, which cited the Ministry of Economy and Territorial Cohesion, the extensions will apply for a “strictly […]
Portugal’s government has moved to temporarily prolong existing casino concessions after an international bidding process for five properties failed to reach completion before the end of the year. The decision affects land-based casinos in the Algarve, Espinho, and Póvoa de Varzim gaming zones, where current operators Solverde and Estoril Sol will remain in place while the tender process continues. According to The Portugal News, which cited the Ministry of Economy and Territorial Cohesion, the extensions will apply for a “strictly […]
