Tag Archives: Monaco
Monaco – SBM’s casinos still off the pre-pandemic pace by 27 per cent
With all of its casinos closed for the first two months of the first quarter, Monaco operator Société des Bains de Mer saw its gaming division operating at 27 per cent less of its pre-pandemic level. Gaming recorded a turnover of €45.1m for the past quarter against €9.6m last year, all establishments having been closed…
Monaco – Turnover down by 46 per cent for Société des Bains de Mer
Société des Bains de Mer and its subsidiaries achieved a turnover of €336.9m for the entire 2020/2021 financial year compared to €619.8m in 2019/2020, marking a 46 per cent decrease over the full year. SBM said: “This drop of €282.9m in turnover is the direct consequence of the Covid-19 epidemic which has had a very…
Monaco – European Dealer Championship announces new 2022 dates
Following the cancellation of this year’s event, the European Casino Association has responded swiftly to calls from the land-based gaming industry to announce new dates for the competition in 2022. Postponed twice due to the impact of the pandemic and ongoing restrictions affecting European travellers, the ECA Board of Directors has confirmed that the next…
Monaco – Société des Bains de Mer down 23 per cent in Q3
Société des Bains de Mer and its subsidiaries recorded a 23 per cent decline in consolidated sales during the third quarter of fiscal year 2020/2021. In the period from October 1 to December 31 2020, the revenue generated by the SBM Group came in at €95.8m against €124.3m the previous year. The operator stated: “The…
Monaco – SBM looking to accelerate restructuring plan
The health crisis linked to the Covid-19 epidemic and the economic shock caused by the latter are forcing the Société des Bains de Mer to accelerate the implementation of a global restructuring plan, particularly in social matters. Faced with a very worrying economic situation, and as announced at the last General Meeting of Shareholders, the…
Monaco – Casino de Monte-Carlo integrates Spintec ETG solution
Monte-Carlo Société des Bains de Mer have found a new way of bringing the classic French Roulette game to its players. At the Casino de Monte-Carlo, Live French roulette can now be played for lower denominations in the comfort of stand-alone play stations. Spintec’s Electronic Table Game (ETG) solution integrates individual stand-alone play stations with…
Monaco – Société des Bains de Mer posts 22 per cent revenue increase
Monaco operator Société des Bains de Mer saw its revenues soar by 22 per cent in the first quarter of the 2019/2020 fiscal year with gaming up 11 per cent. Consolidated sales amounted to €176.8m compared with €144.8m previously. SBM said: “The increase of €31.9m compared to the same quarter of the previous year is…
Monaco – Zitro’s Link King checks in to Casino Café de Paris
Zitro’s Link King can now be played at the emblematic Monegasque Casino Café de Paris operated by the prestigious Monte-Carlo Société des Bains de Mer, which also operates the legendary Casino de Monte-Carlo, as well as the other two casinos of the Principality of Monaco. Pascal Camia, Executive Vice-President of Gaming Operations, said: “Link King…
Monaco – Mixed bag for SBM as revenues rise by three per cent
Société des Bains de Mer and its subsidiaries generated sales of €474.6m for the whole of the 2017/2018 financial year, compared to €458.8m in 2016/2017, giving an improvement of three per cent. The €15.8m increase is the result of improved revenues in the hotel sector with gaming generating a turnover of €200.7m against €201.7m in…
