Palasino to open new casino in Mikulov in second half of 2026

Hong Kong-listed Palasino Holdings Ltd said it plans to open a new casino in the Czech city of Mikulov in the second half of financial year 2026, marking the company’s fourth gaming property in the country.

To be called Palasino Mikulov, the venue is being developed through the conversion of a shopping mall, with construction “already well underway,” the company said. The property is located on the main arterial road from Vienna to Brno, a key route near the Austrian border, in what Palasino described as a popular destination for both local and international visitors.

“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,” the casino firm said.

The new property will feature a wide range of slot machines and live table games, including roulette, blackjack, and poker. It will also include an elegant bar, buffet restaurant, and social spaces designed for comfort and enjoyment, the company added.

Palasino said the venue’s design would focus on comfort and openness, with a contemporary atmosphere aimed at complementing Mikulov’s cultural and tourism appeal. A calendar of exclusive events, themed nights, and promotional offers is being prepared to attract both local and international guests.

The group, which operates three casinos in the Czech Republic and hotels in Germany and Austria, views the Mikulov opening as “the next step” in its strategy to expand high-quality entertainment offerings across Central Europe.

Palasino Holdings, which listed on the Hong Kong Stock Exchange in March 2024 following a spin-off from Far East Consortium International Ltd, reported profit attributable to shareholders of nearly HKD15.4 million ($2.0 million) for the 12 months ended March 31, an 80.2% increase from the prior year. Annual revenue stood at HKD568.1 million, flat year-on-year, while gaming revenue rose 1.6% to HKD408.8 million.