Tag Archives: SBM
The Metamorphose of Casinos de Monaco
G3 interviews Pascal Camia, Gaming Managing Director of Monte-Carlo Société des Bains de Mer and Director of Casino de Monte-Carlo Monte-Carlo is one of the most powerful brands in the world and has, over its 150+ years’ history, become synonymous with the highest quality gaming imaginable. Comprised of three casinos operated by Monte-Carlo Société des…
Monaco – SBM sees steady increase across all sectors
Monte Carlo operator Société des Bains de Mer has reported a 4.1 per cent improvement in its half year figures with GGR reaching €292.9m up from with €281.2m. This increase of €11.7m was the result of an ‘improvement in revenues across all sectors.’ This increase in turnover led to an increase in operating income of…
Monaco – SBM sees GGR grow by five per cent in first quarter
During the first quarter of the year, the Société des Bains de Mer and its subsidiaries reported an increase in revenue of 2.6 per cent. Turnover for the group came in at €127.5m with the increase driven by favorable developments in the gaming and rental sectors. Hotel activity remained broadly stable compared to the previous…
Monaco – Sun Casino to launch EGT’s Super Premier 75 at VIP event
Societe de Bains de Mer is pulling out all the stops as it welcomes the next wave of installs at its Sun Casino from Euro Game Technology. The Bulgarian-based slot manufacturer offers what SBM says are ‘the best performing cabinets’ in the casino. Sun Casino decided to arrange the special event following the runaway success…
Monaco – SBM and Galaxy Entertainment team up for Japan
Monte Carlo casino group Société des Bains de Mer has agreed a formal strategic partnership with Macau-based operator Galaxy Entertainment Group to work together on the development and operation of Integrated Resort projects in the AsiaPacific region with the most obvious future project being the one in Japan. The deal will also see the two…
Monaco – EGT completes huge order with Societe de Bains de Mer
Just a year after its first installation of 18 machines in Monaco made in Café de Paris and Sun Casino, Euro Games Technology has delivered a further 42 slot and 24 multiplayer gaming stations to the same establishments. The new installation is the largest ever made by a gaming supplier locally and turns EGT into…
Monaco – Jailed gang to keep ill-gotten Monte Carlo gains
Despite having been found guilty and sentenced to jail a group of casino cheats from the UK will be able to keep around £2m of the money they scammed from a casino in Monaco. Three men have been sentenced to between 18 months and three years in prison after a year-long roulette scam that earned…
France – Galaxy buys a stake in SBM
Macau operator Galaxy Entertainment Group is buying a stake in Monaco operator Societe des Bains de Mer et du Cercle des Etrangers a Monaco (SBM) from an independent third party, for €40m. Galaxy is buying a five per cent share in SBM who operates the four casinos in Monte Carlo saying it saw the deal…
Monaco – SBM raises €220m for Hôtel de Paris renovation
Monte Carlo operator Société des Bains de Mer de Monaco (SBM) has raised €220m through the sale of more than 6.3m shares at a price of €36.4 per share since February. The money will be used to finance two major construction projects in the Principality; the refurbishment of Hôtel de Paris and the demolition of…
