Operates casinos & hotels in greece & cambodia.
Queenco exited 2025 with a stronger balance sheet and much better reported profit, but the real upside still depends on converting Cambodia from a complex rights structure into actual cash.
Queenco’s reported 2025 profit looks strong, but recurring earning power is materially lower than the headline because almost half of reported operating profit came from other income rather than from the underlying business.
The key risk in the Queenco control dispute is not that QLI leaves the group, but that Yigal Zilka's role inside the voting bloc above QLI may weaken enough to reopen the company's control classification.
The Rose land deal proves Queenco’s Cambodia land has real monetizable value, but for now it creates much more certainty on valuation than on freely usable cash.
