{"id":10254,"date":"2025-02-03T13:37:06","date_gmt":"2025-02-03T13:37:06","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=europe&#038;p=10254"},"modified":"2025-02-03T13:37:06","modified_gmt":"2025-02-03T13:37:06","slug":"monte-carlos-iconic-casino-sees-growth-despite-gaming-revenue-decline","status":"publish","type":"europe","link":"https:\/\/www.mundovideo.com.co\/en\/europe\/monte-carlos-iconic-casino-sees-growth-despite-gaming-revenue-decline\/","title":{"rendered":"Monte-Carlo\u2019s iconic casino sees growth despite gaming revenue decline"},"content":{"rendered":"\n<p class=\"has-medium-font-size\"><strong>Luxury, hospitality, and real estate fuel Soci\u00e9t\u00e9 des Bains de Mer\u2019s success<\/strong><\/p>\n\n\n\n<p>Monte-Carlo\u2019s famed <strong>Soci\u00e9t\u00e9 des Bains de Mer (SBM)<\/strong> reported a <strong>6% increase in consolidated revenue<\/strong> for the third quarter of the 2024\/2025 financial year, despite a decline in gaming revenue. The rise was driven by booming hotel and real estate sectors, reinforcing Monte-Carlo\u2019s position as a global luxury destination.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.mundovideo.com.co\/landing\/multigame-link\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"340\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl-1.png\" alt=\"\" class=\"wp-image-9725\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl-1.png 1000w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl-1-300x102.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl-1-768x261.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><\/figure>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Gaming struggles while hospitality and real estate thrive<\/strong><\/p>\n\n\n\n<p>SBM\u2019s gaming revenue dropped to <strong>\u20ac45.2 million<\/strong>, down <strong>\u20ac3.4 million<\/strong> from the previous year, due to stricter compliance measures and a less favorable risk environment. However, the <strong>automatic gaming sector<\/strong> saw notable growth.<\/p>\n\n\n\n<p>Meanwhile, the hospitality sector surged <strong>18%<\/strong> to <strong>\u20ac61.1 million<\/strong>, benefiting from increased occupancy rates and premium pricing, particularly during the <strong>festive season<\/strong>. New openings, including <strong>Amaz\u00f3nico Monte-Carlo<\/strong> and the renovated <strong>Caf\u00e9 de Paris Monte-Carlo<\/strong>, further boosted earnings.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>SBM\u2019s revenue growth in key sectors<\/strong><\/p>\n\n\n\n<p>To illustrate SBM\u2019s performance across different sectors, here is a visual breakdown comparing revenue in 2023 and 2024:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"788\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/monte-carlos-iconic-casino-sees-growth-despite-gaming-revenue-decline2-1024x788.jpg\" alt=\"\" class=\"wp-image-10257\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/monte-carlos-iconic-casino-sees-growth-despite-gaming-revenue-decline2-1024x788.jpg 1024w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/monte-carlos-iconic-casino-sees-growth-despite-gaming-revenue-decline2-300x231.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/monte-carlos-iconic-casino-sees-growth-despite-gaming-revenue-decline2-768x591.jpg 768w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/monte-carlos-iconic-casino-sees-growth-despite-gaming-revenue-decline2.jpg 1387w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The <strong>real estate sector<\/strong> also experienced a <strong>\u20ac2.9 million<\/strong> revenue increase, reaching <strong>\u20ac38 million<\/strong>. This was fueled by <strong>high-end commercial rentals<\/strong> and <strong>strong occupancy rates<\/strong>, particularly at the <strong>Caf\u00e9 de Paris complex<\/strong>.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Monte-Carlo: a global gambling hub in transition<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/monte-carlos-iconic-casino-sees-growth-despite-gaming-revenue-decline3-1024x512.jpg\" alt=\"\" class=\"wp-image-10256\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/monte-carlos-iconic-casino-sees-growth-despite-gaming-revenue-decline3-1024x512.jpg 1024w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/monte-carlos-iconic-casino-sees-growth-despite-gaming-revenue-decline3-300x150.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/monte-carlos-iconic-casino-sees-growth-despite-gaming-revenue-decline3-768x384.jpg 768w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/monte-carlos-iconic-casino-sees-growth-despite-gaming-revenue-decline3.jpg 1299w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Monte-Carlo has long been synonymous with <strong>high-stakes gambling and luxury tourism<\/strong>. However, <strong>tightened regulations<\/strong> and a shift toward <strong>diversified luxury experiences<\/strong> are reshaping its revenue streams. SBM\u2019s <strong>\u20ac638.6 million<\/strong> revenue over the first nine months of 2024\/2025 reflects a <strong>10% year-on-year growth<\/strong>, a trend expected to continue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The real estate sector also experienced a \u20ac2.9 million revenue increase, reaching \u20ac38 million. This was fueled by high-end commercial rentals and strong occupancy rates, particularly at the Caf\u00e9 de Paris complex.<\/p>\n","protected":false},"author":1,"featured_media":10258,"menu_order":194,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[3184,4814,4815],"class_list":{"0":"post-10254","1":"europe","2":"type-europe","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-europe","8":"tag-monaco","9":"tag-monte-carlo","10":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Monte-Carlo\u2019s iconic casino sees growth despite gaming revenue decline - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"description\" content=\"The real estate sector also experienced a \u20ac2.9 million revenue increase, reaching \u20ac38 million. 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