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Monaco: SBM records 12% rise in Q3 gaming turnover

Updated:2024-03-25 12:49    Views:59

Société des Bains de Mer (SBM) Group, operator of Casino de Monte-Carlo and Casino Café de Paris, has reported its Q3 2023/24 earnings.

The total generated by the gambling sector of the business was €48.6m ($52.6m), up 12% from this time last year when gaming turnover totalled €43.6m. Overall, the group made €135.2m in Q3. 

Gaming contributed 35.9% of SBM’s turnover. The hospitality sector accounted for 38.5%, while the rental sector accounted for 26%. 

Despite growth from last Q3,poker go free current turnover levels are still below previous to-date recordings, with SBM Group having generated €53.5m in Q3 2021. Current metrics do, however, reflect a market that has recovered substantially following the decrease in revenue caused by Covid-19 in 2020.