The Malta Independent 25 April 2024, Thursday
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Government begins procedures to get back Casino di Venezia and two other properties

Saturday, 16 May 2015, 16:50 Last update: about 10 years ago

The government has initiated procedures in the First Hall of the Civil Court to order Port Cottonera Hotel Development Co. Limited, Galleys Development Co. Ltd and  Vittoriosa Gaming Limited to pay their rent arrears and give back the property they hold, including the Casino di Venezia.

On 2 June 1999, the government had signed a 99-year lease of three properties in Vittoriosa for a consideration of €582,343 a year.

The lease agreement stated that if the lessors fall back for two years on the lease, the government could get the properties back.

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