Palasino’s investments in slot machines pays off with profit up to HK$15m
Palasino Holdings Limited, operator of two land-based casinos in the Czech Republic, turned a profit of HK$15m for the year ended 31 March 2025, up from HK$9m a year earlier with investments in new slot machines paying off for the group.
Revenue for the group, which also runs three hotels in Germany and Austria, improved by one per cent to reach HK$568.1m.
Gaming accounted for 71 per cent of the group’s revenues with 80 per cent of that coming from slot machines. The number of slot machines at Palasino’s casinos increased from 560 to 630 over the year.
The company said: “The gaming appetite and betting activity of the players continue to reflect a consistent upward trend even in the face of slightly tighter player protection regulations. While there were slight decreases in the average slot win per machine per day and average daily gross win per table in FY25 when compared to FY24, the slot machine hold percentage remained stable. The increase in the number of slot machines also contributed to a slight decrease in occupancy rates, particularly during peak times.
“The Group’s strategy is to offer a range of available slot machine brands such as Novomatic, EGT, IGT and Apex with the newest game themes available to the local market.”
“The Group’s revenue has continued to grow despite the challenging economic situation of the last couple of years, such as COVID-19 restrictions on our operations during the height of the pandemic, the Ukraine-Russia war and increasing interest rates.”
