Monte Carlo Shares the Same Sort of Status That Las Vegas Does in the United States and Macau Does in Asia

Published on March 2nd, 2021

Illustration of the Monte Carlo skyline.  Monaco.Monaco is now seen as one of the most luxurious locations in Western Europe. With that luxury has come an increase in gambling and gaming, specifically at the Casino de Monte-Carlo (Monte Carlo Casino).

The casino itself was built in 1863, although it faced some issues during the early years thanks to some incompetent running. However, over time the casino started to make more and more profits, expanding further and further. Hotels and other resorts were attached to draw even more visitors. For a very long time, the Casino had been the primary source of economy for Monaco and the House of Grimaldi that still leads Monaco.

The Monte Carlo Casino offers a variety of different games, including slot machines, roulette, baccarat, blackjack, stud poker, video poker and the popular European game Trente et Quarante. One of the more interesting elements of the gambler's fallacy actually happened at the Monte Carlo Casino, where a game of roulette had the ball land in the black 26 times in a row. Gamblers kept betting that it would fall in the red eventually, losing millions.

The Monte Carlo Casino has also appeared in various popular media elements, with James Bond perhaps being the most famous. The character appears there in a number of different movies, including GoldenEye (1995). Monte Carlo also appeared in Ocean's Twelve (2004), the sequel to the highly successful Ocean's Eleven (2001).

Monte Carlo shares the same sort of status that Las Vegas does in the United States and Macau does in Asia. While it might not match the same sort of revenue streams that those locations do, it still acts as the premier land of gambling and entertainment for Europeans.