Monte Carlo operator sees gaming revenue up 12% in Q3 FY2023-24

Gaming revenue of Societe de Bains de Mer (SBM) reached €48.6 million in the third quarter of the 2023/2024 financial year. This is stated in the report of the company, which is the operator of Monte Carlo Casino, Café de Paris, Sun Casino and Monte-Carlo Bay, located in the Principality of Monaco.

Compared to the same period last year, the operator's gambling revenue increased by €5.1m or 12 per cent. The revenue growth was due to the positive dynamics of the table games segment.

SBM Group's total revenue reached €580.7m, up 4% from €556.5m in the same period last year. The operator also makes profits from the hotel sector and rental of premises.