Tag Archives: Société des Bains de Mer
SBM up by 11 per cent but gaming subdued by slot decline
Monte Carlo casino and hotel group SBM (Société des Bains de Mer) confirmed strong growth for the first half of the 2024/2025 financial year with revenue growing by 11 per cent to €495.1m, driven by strong summer activity in the Resort, the opening of the Amazónico restaurant on April 4, 2024 and the reopening of…
Casino de Monte-Carlo takes to the high seas with Crystal Serenity
For the first time, the legendary Casino de Monte-Carlo is leaving the Principality’s shores to take to the high seas. On November 14 2024, the first casino under its banner set sail aboard a Crystal cruise ship. A brand new adventure where the elegance of gaming meets the splendour of luxury cruises. For over 160 years, the Casino de Monte-Carlo…
Monaco – Table games help Société des Bains de Mer jump nine per cent in its Q3
Société des Bains de Mer and its subsidiaries recorded a nine per cent increase in consolidated revenue in the third quarter of the 2023/2024 financial year compared to the same period of the previous year. Gaming revenue was €48.6m for the quarter compared to €43.6m for the same period last year. Gaming revenue growth of…
Monaco – Société des Bains de Mer confirms that Jean-Luc Biamonti is stepping down
Société des Bains de Mer has confirmed that Jean-Luc Biamonti will leave his position as Chairman and on the Board of Directors of the Monte Carlo operator on January 24 2023. Director since 1985, Chairman of the Board of Directors since 1995 and Chairman and Deputy Chairman since 2013, he thanked his team for the…
Monaco – SBM to keep Sun Casino closed in Monte Carlo
Société des Bains de Mer had decided to keep its Sun Casino, the most American of its Monte Carlo casino collection, closed following the reopening of its business from the pandemic. The casino was set to close in 2023 with plans to merge with the company’s Café de Paris casino, however the company confirmed: “A…
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…
Japan – Galaxy and SBM pull out of race for Yokohama’s preffered casino partner
Galaxy Entertainment and Société des Bains de Mer have pulled out of the race to be Yokohama’s preferred casino partner for one of Japan’s three initial casino licences, although Galaxy has said it remains interested in other opportunities in Japan. Their withdrawal leaves three remaining candidates; Melco Resorts and Entertainment, Genting Singapore and Sega Sammy…
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 – Gaming gets underway in Monte Carlo with launch of new Casino Square
Monte-Carlo casino group Société des Bains de Mer has inaugurated a new Place du Casino alongside the re-opening of the iconic Brasserie du Café de Paris Monte-Carlo, which was closed during the health crisis. The famous circular grass bank of Casino Square is gone, replaced with a multi-functional concrete square. The restructuring of the Boulingrins…
