Gambling in Monte Carlo

Monte Carlo, the gambling capital of Europe, is synonymous with old-fashioned glamour, authentic European Gambling style, and fast living. Set on the photogenic French Riviera on the shiny shores of the Mediterranean sea, in the picturesque principality of Monaco, no wonder its casinos come in real palaces!

Unless you’re a part of the jet set, you probably know Monaco as the little country that made American movie star Grace Kelly a bona fide princess. The current ruler of the country, Prince Albert, is the son of Princess Grace and Prince Rainier III. But romantic Hollywood legends represent only one side of Monte Carlo, which, as the gracious host to some of the richest, most alluring people in the world, naturally has its wild side.

Once a year the streets of Monte Carlo host the world’s fastest cars in one of the most prestigious Formula One races, The Monaco Grand Prix. The rout of the racing circuit is re-built right in the streets every year since 1929, and practically fly as they pass the cheering spectators in amazing speed, as you can see here.

Formula 1 at the Hotel de Paris in Monte-carlo:

Legalized since 1861, gambling has made Monaco pretty rich, and since the government is major holder the corporation which runs the casinos, hotels and entertainment spots, it rakes a fair amount of money that enables it to exempt the citizens from taxes, which no doubt would make the residents of Nevada feel a bit jealous of their counterparts from across the Atlantic.

However, not all in this world can be perfect. You may become a citizen of this welcoming tax haven, but keep in mind that you’d need to save a whole lot of money to buy land and settle down – it has the most expensive real estate rates in all of Europe! Plus, if you’re a citizen, you’re not allowed to play at the casinos! How does this law settle with the fact that most of the 32,671 inhabitants of Monaco are foreign millionaires? Maybe once they get their citizenship they move to an online casino..

While the American gambling capital is changing constantly (with help of festive Las Vegas Implosions) Monte Carlo sticks to its architectural heritage. With gambling going around since the 19th century, Monte Carlo offers some pre-historic relics: Le Café de Paris has celebrated its 120th anniversary!

In due honor to the industry that made the economy flourish, in Monte Carlo gambling is taken quite seriously and treated with respect. one of the area’s main attractions is the beautiful square in between the palaces, called Place du Casino’s – Casino Square. The Monte Carlo Casino has a strict dress code, and they even charge 10 Euro (about $15) admission fees to the game rooms. Oh, and if you are wearing military or religious uniform you need to smart up you wardrobe to get in the door.

Undoubtedly, Monte Carlo offers a different gambling ambiance than other casino capitals like Vegas or Macau, as it reflects the distinct culture and style of its surrounding. However, as the next video shows, gambling tourists are looking for the same experiences wherever they go: a mix of luxury, relaxation and adventure.