Online Casino, casinos

The Societe des Bains de Mer (SBM) is counting on online gaming as a channel for growth to increase revenue because activity in casinos and hotels is quite low. In fact, according to figures published for the quarter April to the end of June, SBM group's luxury hotels such as the Hotel de Paris, Hermitage Hotel, Monte Carlo Bay Hotel and Resort or the Monte Carlo Beach have registered a loss of business of 20%. This loss can be explained by the economic situation which is unfavourable to tourism and also to gaming. The casino industry isn't doing well since it has registered a loss of 14% mainly in slot machines in contrast to table games which have remained stable.
The activity of the SBM which is keeping its moral up is the development of income from letting which is increasing by 11%.

SBM and Mangas Gaming: to conquer Europe

SBM bought 50% of Stephane Courbit's group, Mangas Gaming, specialising in online gaming notably sports betting. This union has allowed Mangas Gaming to have enough cash to consolidate its position in the top 5 of the European online gaming market but also to bring to fruition its numerous plans to buy companies involved in online gambling. In fact , this strong duo plan to outsmart many other players involved in the online gaming market either in the area of sports betting, online poker,casino games or horse racing. The Betclic company belongs to Mangas Gaming and is sponsoring the Olympique Lyonnais football club, seven times French champions ( "Online gaming: The Olympique Lyonnais will wear the Betclic colours"), without forgetting the Expekt company or Bet-at- home which are also in the Mangas Gaming company portfolio.

Through Mangas Gaming the SBM has diversified its activity and intends forging ahead by acquiring other companies to become a major player in this very competitive world in which only the most financially solid companies can survive. The SBM is solid enough to ensure that Mangas Gaming can further impose itself on the European scene. Mangas Gaming's turnover is about 200 million euros and it is present in 25 countries. With more than 4 million clients, Mangas Gaming's online gaming sites may have the chance to welcome the former clients who used to play in the Rock's casinos such as the Monté-Carlo Casino, Café de Paris Casino, Sun Casino, Monte Carlo Bay Casino or the Casino d'Eté. With a base of « High roller » players, the SBM casinos have a very important client list so when will there be a mailing list to invite them to one of the group's online casinos and to claim their welcome bonus? To be continued...

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