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

French and Riviera News Thursday 6th November 2025

A 35-year-old man was arrested on Wednesday after deliberately driving into pedestrians and cyclists on the island of Oléron, off France’s western coa... French and Riviera News Thursday 6th November 2025 Read More

06/11/2025

Evening Update Wednesday 5 November 2025

Five people have been injured, two of them seriously, after a man deliberately drove into pedestrians this morning in the Charente-Maritime department... Evening Update Wednesday 5 November 2025 Read More

05/11/2025

French and Riviera News Wednesday 5th November 2025

A 39-year-old woman was killed on Tuesday, 4 November, in the Moulins district of Nice. According to prosecutors, she was stabbed by her ex-partner, w... French and Riviera News Wednesday 5th November 2025 Read More

05/11/2025

Evening Update Tuesday 4 November2025

The driver of a vehicle involved in a serious accident in Cannes has been charged and detained in police custody. The accident happened on Boulevard C... Evening Update Tuesday 4 November2025 Read More

04/11/2025

French and Riviera News Tuesday 4 November 2025

Disruption is expected to local TER train services between Nice and Marseille from tomorrow evening French and Riviera News Tuesday 4 November 2025 Read More

03/11/2025