The SBM: Société des Bains de Mer in Monaco is doing really well financially!

The SBM, Société des Bains de Mer in Monaco is beating all economic records. They upped their total sales by 6%, now in excess of 700 million euros. In detail, this means that gambling, a sector in the throes of a full-blown crisis, is raking in an extra €6 million. 20 million for the restaurant/hotel sector and €10 million for rental property. It is even in this last area that SBM is doing best, with an index measuring the company's profitability of almost 100%. The Société des Bains de Mer has also announced that it finished paying off its debts last year.

Last local news

Evening Update Friday 1st August 2025

A tsunami is possible on the French Riviera, even if most occur in the Pacific. Evening Update Friday 1st August 2025 Read More

01/08/2025

French and Riviera News Friday 1st August 2025

An earthquake measuring 3.0 on the Richter scale has been recorded in the Val d’Allos. According to SismoAzur, the tremor struck at 4:31am on Thursday... French and Riviera News Friday 1st August 2025 Read More

01/08/2025

Weather Forecast - Friday 1st August 2025

Sunshine with clear skies throughout the day. Highs of 27 degrees in Nice and Saint-Tropez, 26 degrees in Monaco, 28 degrees in Vence and reaching 30 ... Weather Forecast - Friday 1st August 2025 Read More

01/08/2025

Evening Update Thursday 31st July 2025

A new scam called "carding" is worrying cybersecurity experts. Fraudsters steal banking details, often via phishing, and then make small, discreet tra... Evening Update Thursday 31st July 2025 Read More

31/07/2025

French and Riviera News Thursday 31st July 2025

Regional health officials have confirmed the first locally transmitted West Nile virus (WNV) case in France this year, diagnosed in mid-July in Hyères... French and Riviera News Thursday 31st July 2025 Read More

31/07/2025