Tag Archive: Gambling in Monaco

The Principality of Monaco is famous for its wealthy inhabitants as well as its casinos. What's interesting it that the citizens of Monaco can't enter the casino there. So the famous roulette tables are out of reach. This dates back to when gambling was first introduced. As a cancellation prize, gambling income from the casinos allows all these citizens to live tax-free. All foreigners are welcome, as are the majority of inhabitants, but if you hold a Monaco passport, then you're barred.

If someone were to ask you to name some facts about Monaco, then you'd probably say that it's the world's second smallest country. You might know about the Monaco grand Prix Formula One race. The there's gambling in Monaco, with all the casinos and you will probably name James Bond and Casino Royale as an example. You'll know that there are a fair number of very rich people and that it's "ruled" by the Grimaldi family. Good job.