Our History

Registered in 1995, Palasino Group, a.s. operates one integrated casino hotel resort and two casinos located in the Czech Republic and most recently their online division in Malta.

1995

  • Company registered in Pilsen.

1996

  • Opening of the first casino on the Czech-German border in Česká Kubice under the name Casino Club Europe.

1997

  • Opening of casino in Rozvadov and operating under the company LMJ Casino Rozvadov a.s.

1998

  • First purchase of two casinos, Ceska Kubice and Rozvadov by Trans World Corporation.
  • Commencement of project work and construction of the Hatě Casino on a greenfield site.
  • LMJ Casino Rozvadov renamed and starts operating casinos as American Chance Casinos.

1999

  • Opening of Casino Route 59 (Palasino Excalibur City) built near Hate/Kleinhaugsdorf close to Znojmo.

2000

  • Purchase of land in Dolní Dvořiště and commencement of project work for the construction of a new greenfield casino.

2004

  • Casino Route 55 (Palasino Wullowtiz) built in Dolni Dvoriste in Southern Bohemia.

2006

  • Casino Split in Croatia opens under management license.

2009

  • Hotel Savnnah opens with 79 rooms, located adjacent to Casino Route 59 (Palasino Excalibur City).
  • Casino Rozvadov sold.

2011

  • End of management license operation at Casino Split.

2014

  • Refurbishment of Ceska Kubice (Palasino Furth im Wald) with addition of apartments and extended slots area.
  • Purchase of Hotel Columbus, Seligenstadt (nr. Frankfurt) Germany.
  • Hotels begin operating under brand Trans World Hotels.

2015

  • Expansion project in Casino Route 59 with additional slot machines and customer facilities.
  • Purchase of Hotel Auefeld, Hann Munden, Germany.

2016

  • Completion of the extension of the Česká Kubice casino with a new restaurant, reception and apartments.
  • Expansion project in Casino Route 55 (Palasino Wullowitz) with additional slot machines and customer facilities.
  • Purchase of Hotel Kranichhoehe, Much (nr Cologne) Germany.

2017

  • Additional expansion of facilities at Route 59 Casino (Palasino Excalibur City).
  • Smoking Ban comes to effect in Czech Republic.
  • Purchase of Hotel Donauwelle, Linz, Austria.
  • New casino license to operate gambling in the Czech Republic from the Ministry of Finance of the Czech Republic for the operation of casinos pursuant to the new ZHH 186/2016 Coll.

2018

  • Introduction of new Gaming Law in Czech Republic.
  • Purchase of Holding Company TWC, by Far East Consortium (Hong Kong based company).

2020

  • Launch of Poker in both Route 59 and Route 55 casinos.
  • Covid Pandemic - casino and hotel operations affected with closures for seven months.
  • Initiation of online casino division.

2021

  • Launch of Palasino Malta online project.
  • Covid casino closures for six months.

2022

  • American Chance Casinos rebrands to PALASINO.
  • Palasino Malta Limited granted online casino license by Malta Gaming Authority.

2023

  • Obtains the ČSN EN IS0/IEC 27001:2014 certificate.
  • Trans World Hotels & Entertainment, a.s. (TWHE) renamed as Palasino Group, a.s..

 

2024

  • Palasino Holdings Limited successfully lists on Hong Kong Stock Exchange.
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