The biggest casino in Europe has been sold for a price between €300 and €400 million by the owner, Leon Tsoukernik. King’s Casino in Rozvadov was not the only thing Leon sold; he also sold King’s Resort Hotel, King’s Casino Prague, and Admiral Casino Rozvadov. Leon, the main shareholder, sold his 60% stake to the other two shareholders, Scott Hanna and an unknown partner. The exact price of his shares remains undisclosed.
Leon told Hochgepokert that they parted on good terms, and he looks forward to having more time for his family and new projects. Although he is stepping away from the casino business for now, he still plans to visit King’s in the future and play a bit more poker.
Who is Leon Tsoukernik?
Leon Tsoukernik is a Russian-born Czech entrepreneur, casino owner, art collector, and high-stakes poker player. Leon has earned $5,335,642 playing live MTTs, and he is in fourth place in the Czech Republic‘s all-time money list. Leon is also known for playing high-stakes cash games against Phil Hellmuth, Rob Yong, Tony G, Martin Kabrhel, and others. Leon won €100,000 No Limit Hold’em Short Deck – King’s Super High Roller for €1,102,000, beating Phil Ivey in a heads-up battle.
News Source: hochgepokert.com