Hong Kong-listed Palasino Holdings Ltd, which runs gaming and hospitality complexes in Europe, says it plans to open in the “second half of financial year 2026” a casino in the city of Mikulov, in the Czech Republic. Palasino Mikulov will be the group’s fourth casino in the country, according to the company.
“Located on the main arterial road from Vienna [in Austria] to Brno [in the Czech Republic], Palasino Mikulov will offer the same high quality of gaming product and service the company is renowned for,” said the casino firm.
Palasino Mikulov will result from the conversion of a shopping mall, “with construction already well underway,” as per a recent announcement.
The new gaming venue will feature a “wide range of slot machines and live table games, including roulette, blackjack, and poker”.
“The casino will also host an elegant bar, buffet restaurant and social spaces designed for comfort and enjoyment,” added the company.
Palasino Holdings runs three land-based casinos in the Czech Republic – including gaming tables and slot machines – and hotels in Germany and Austria.
According to the firm, Mikulov – just a few kilometres from the Austrian border – “is a popular destination for both local and international visitors”.
Palasino Holdings reported profit attributable to shareholders of nearly HKD15.4 million (about US$2.0 million) for the 12 months to March 31, up 80.2 percent from a year earlier.
The firm reported annual revenue of HKD568.1 million, flat compared to the prior financial year. Gaming revenue for its latest financial year reached HKD408.8 million, a 1.6-percent increase year-on-year.
The company listed in Hong Kong in March last year as a spin-off from Hong Kong-listed property developer Far East Consortium International Ltd.
