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Tag Archives: Société des Bains de Mer

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…

Monaco – SBM shows growth of 28 per cent in Q3 with casinos up 14 per cent

Monte Carlo casino operator Société des Bains de Mer recorded consolidated sales growth of 28 per cent in the third quarter of the 2019/2020 financial year. The Monegasque group said: “Over the period from October 1 to December 31, 2019, the turnover achieved by the S.B.M. amounts to €124.3m compared to €97.2m Revenues from the…

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…