Barrière
Recent News
Madeira Government Greenlights International Tender for Funchal Casino Licence
Madeira's regional government has approved an international tender for the exclusive Funchal casino concession, with the current licence held by ITI/Grupo Pestana set to expire on December 31, 2026. The restricted procedure includes a pre-qualification stage and mirrors mainland Portugal's recent tender format.
2026-07-30
Estoril Sol posts €25.3m loss for 2025 as land-based struggles persist
Estoril Sol reported a €25.3m loss for 2025, up from €12.1m in 2024, driven by land-based struggles and the loss of the Póvoa concession. The company faces additional pressure from a €36.9m legal ruling and restructuring costs of €18m.
2026-07-22