Opening of Palasino Mikulov helps boost revenues by 7.6 per cent for Palasino Holdings
Gaming business maintains strong growth momentum
Palasino Holdings, which operates four casinos in the Czech Republic, generated revenues of HK$611.1m over the last year, marking an increase of 7.6 per cent, compared to HK$568.1m for FY2025.
The increase was mainly driven by the growth in gaming revenue due to the opening of Palasino Mikulov, strategically located on the Czech and Austrian border. It opened in January with 106 slot machines and 10 gaming tables.
The Group recorded a net profit of HK$13.8m. Gaming revenues came in at HK$448.1m, up by 9.6 per cent representing 73.3 per cent of total revenues, which demonstrated that momentum continued to be strong in the gaming business. The increase was primarily due to an increase in table games hold percentage and slot volumes deriving from increased visitation as a result of continual marketing, promotions and advertising campaigns, which was partially offset by slight decreases in house edge percentage of slot machines.
Pavel MARŠÍK, Chief Executive Officer of Palasino, said: “Under the backdrop of ongoing economic and social uncertainties, the disposable income of European travellers has come under pressure. Notwithstanding these macroeconomic challenges, the Group continues to differentiate itself through a compelling market proposition that delivers strong value-for-money entertainment experiences. During the Year, the Group’s gaming revenue has continued to grow despite volatile economic conditions, demonstrating the resilience of the Group’s business model and the ability to respond effectively to changing customer demand. The grand opening of Palasino Mikulov marks an important milestone and a new chapter in the Group’s growth, with the acquisition of additional gaming floor space. Following the successful completion of Phase One, the Group will proceed with the expansion plan of Phase Two at Mikulov, further enhancing customer engagement and overall resort appeal.
“Looking ahead, the Group will continue to evaluate and pursue strategic investment opportunities within its gaming portfolio, both through acquisitions and targeted asset investments across various geographical markets, including the Czech Republic and Central Europe. Continued investment in slot machines and electronic gaming terminals remains a key strategic focus, aimed at broadening customer appeal, increasing footfall, and driving sustainable long-term growth across the group’s resorts.”
