Our History

Registered in 1995, TWHE, 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 Kubica 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

  • Obtaining the ČSN EN IS0/IEC 27001:2014 certificate.

 

Contact us for further questions.