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

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Picture: Riviera Radio

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.