Monte Carlo Casino and Betclic Everest owner Société des Bains de Mer (SBM) saw gaming revenue fall 16.1% year-on-year in the three months ended 31 December 2020, the third quarter of its 2020-21 fiscal year, despite quarter-on-quarter improvement.
Gaming revenue for the third quarter continued to recover from a low point of €9.6m (£8.5m/$11.7m) for the first quarter, hitting €45.9m. However, this was still down 16.1% year-on-year.
“This decrease remains small given the public health situation,” the SBM group said. “Table gaming revenue actually benefited from particularly favourable luck during the month of December.”
Total revenue, meanwhile, came to €95.8m, down 23.0%. This decline was largely due to low hotel revenue at €23.5m, down 48.5% year-on-year.
