Palasino Holdings reports 8.2% revenue growth in H1

The operator is exploring land-based casino opportunities in European and Asian jurisdictions.

Hong Kong.- Palasino Holdings Ltd has reported revenue of HKD305.2m (US$39.2m) for the six-month period ending September 30. That’s an increase of 8.2 per cent year-on-year.

The company attributed the increase to improved gaming revenue, which rose by 11.4 per cent to HKD218.4m (US$28.1m). However, the company’s profit attributable to shareholders fell 26.1 per cent to HKD11.6m (US$1.4m). The operator cited rising costs from gaming taxation and employee benefits as key factors for the decline. Adjusted EBITDA for the period stood at HKD31.2m (US$4m), up 2.8 per cent year-over-year.

The operator used HKD10m (US$1.2m) from global offering proceeds for working capital, asset upgrades and for converting a shopping mall into a casino at Palasino Mikulov in the Czech Republic. The venue is set to open in the second half of FY2026 as the company’s fourth land-based casino in the country. Palasino Holdings said it’s exploring land-based casino opportunities in other European and Asian jurisdictions to expand its business.

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The operator is exploring land-based casino opportunities in European and Asian jurisdictions. Hong Kong.- Palasino Holdings Ltd has reported revenue of HKD305.2m (US$39.2m) for the six-month period ending September 30….