Europe roundup: Monaco, France and new Vikings casino in Sanary-sur-Mer casino

BBi - Monaco WGE 2017

In Monaco, Societe des Bains de Mer reported an operating loss of €27.1m for the 2017/2018 financial year compared to an operating loss of E32.8m for the previous year.

The company attributed the loss to the renovation of the Hotel de Paris and said it was in line with forecasts.

Societe des Bains de Mer and its subsidiaries generated sales of E474.6m for the 2017/2018 financial year, compared to E458.8m in 2016/2017.

Gaming generated a turnover of E200.7m compared to E201.7m in 2016/2017. Slot gaming was up by seven percent, while table games revenue at Casino Monte Carlo was up by 21 percent, compensating for a decline in table gaming at Casino Cafe de Paris and the Sun Casino.

In France, Belgian casino group Ardent will open a Circus Club in Paris, following approval from the Minister of the Interior.

The Circus Club will be located on Murat Boulevard, while the property’s opening date has still to be decided. The operator has reportedly requested permission to operate 31 gaming tables.

Circus is the commercial brand of Ardent Group in France and currently operates three casinos.

In other France news, Luc Le Borgne, general manager of Vikings Casinos, has confirmed that the construction of the company’s new casino in Sanary-sur- Mer, is progressing ahead of schedule.

Given this, the company is aiming to open the property in early September, rather than the previously-planned date in November.

Vikings won the tender in 2009, and is spending E12.5m on the new new venue, which will employ 60 people and offer 100 slot machines.