Hong Kong-listed Palasino Holdings Ltd has reported an 8.2% increase in revenue to HKD305.2 million (US$39.2 million) for the six months ending September 30, 2025, driven by improved performance across its European gaming operations. Gaming income rose 11.4% to HKD218.4 million, supported by strong results from the company’s land-based casinos in the Czech Republic and hospitality properties in Germany and Austria.
Despite top-line growth, net profit attributable to shareholders declined 26.1% to HKD11.6 million, reflecting rising operational expenses, including higher gaming taxes and employee benefits. Adjusted EBITDA increased modestly by 2.8% to HKD31.2 million, highlighting margin pressure amid cost inflation.
During the interim period, Palasino invested approximately HKD10 million from net proceeds generated via its global offering into working capital, asset rejuvenation, and development initiatives. A key project is the conversion of a Czech shopping mall into Palasino Mikulov, the company’s fourth casino, slated to open in the second half of the 2026 financial year.
Management also signaled intentions to explore further land-based casino opportunities across European and Asian markets, reflecting a strategic approach to geographic diversification. This approach aims to capture growth in strong regional gaming markets while reducing reliance on a single jurisdiction.
