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Monte Carlo Casino

The Monte Carlo Casino, officially named Casino de Monte-Carlo, is a gambling and entertainment complex located in Monaco. It includes a casino, the Opéra de Monte-Carlo, and the office of Les Ballets de Monte-Carlo.[1]

Monte Carlo Casino
Casino de Monte-Carlo (French)
Casinò di Monte Carlo (Italian)
Front view of Casino de Monte-Carlo
Location Place du Casino
Monte Carlo, Monaco
Opening dateJuly 1865; 158 years ago (1865-07)
Casino typeLand-based
OwnerSociété des Bains de Mer
Coordinates43°44′22″N 7°25′44″E / 43.73944°N 7.42889°E / 43.73944; 7.42889
Websitecasinomontecarlo.com

The Casino de Monte-Carlo is owned and operated by the Société des Bains de Mer (SBM), a public company in which the government of Monaco and the ruling princely family have a majority interest. The company also owns the principal hotels, sports clubs, foodservice establishments, and nightclubs throughout the Principality.

The citizens of Monaco are forbidden to enter the gaming rooms of the casino. The rule banning all Monegasques from gambling or working at the casino was an initiative of Princess Caroline, the de facto regent of Monaco, who amended the rules on moral grounds. The idea that the casino was intended only for foreigners was even emphasized in the name of the company that was formed to operate the gambling business, the Société des Bains de Mer et du Cercle des Etrangers (English: Company of Sea Baths and of the Circle of Foreigners).[2]

History edit

The idea of opening a gambling casino in Monaco originated with Princess Caroline,[3] the shrewd, business-minded spouse of Prince Florestan. Revenues from the proposed venture were supposed to save the House of Grimaldi from bankruptcy. The ruling family's persistent financial problems became especially acute after the loss of tax revenue from two breakaway towns, Menton and Roquebrune, which declared independence from Monaco in 1848 and refused to pay taxes on olive oil and fruit imposed by the Grimaldis.[citation needed]

In 1854, Charles, Florestan's son and future Prince of Monaco, recruited a team of Frenchmen (writer Albert Aubert and businessman Napoleon Langlois) to devise a development plan and write a prospectus to attract 4 million francs needed to build a spa for the treatment of various diseases, a gambling casino modeled on the Bad Homburg casino, and English-style villas.[citation needed] Granted a concession of 30 years to operate a bathing establishment and gaming tables, Aubert and Langlois opened the first casino on 14 December 1856 in Villa Bellevu.[citation needed] Intended to be only a temporary location, the building was a modest mansion in La Condamine.

In the late 1850s, Monaco was an unlikely place for a resort to succeed. The lack of roads needed to connect Monaco to Nice and the rest of Europe, and the absence of comfortable accommodations for visitors, as well as the concessionaires' failure to publicize the new resort, resulted in far fewer customers than was originally anticipated. Unable to raise the capital needed to operate the money-losing enterprise, Aubert and Langlois ceded their rights to Frossard de Lilbonne, who in turn passed it to Pierre Auguste Daval in 1857.[4]

 
Seaside facade before 1878
 
General plan by Garnier and Dutrou, 1879

During this initial period, the casino had been moved several times, until it finally ended up in the area called Les Spelugues (English: The Caves). Construction at this site began on 13 May 1858 to designs of the Parisian architect Gobineau de la Bretonnerie[5] and was completed in 1863. Gobineau de la Bretonnerie also designed the neighboring Hôtel de Paris Monte-Carlo (constructed in 1862).[6]

Although the casino began to make a profit in 1859, Daval was not up to the task. Just like his predecessors, he was incompetent and lacked the ability to bring the gambling enterprise to the scale envisioned by Princess Caroline.[7] Frustrated, she dispatched her private secretary M. Eyneaud to Germany, hoping to recruit François Blanc, a French entrepreneur and operator of the Bad Homburg casino. Blanc initially declined the offer, and it took a lot of time and persuasion on the part of Princess Caroline to convince Blanc to move to Monaco. Princess Caroline even appealed to Madame Blanc, whom she befriended during her first visit to Bad Homburg, with a suggestion that Monaco's mild climate would be good for Madame Blanc's ill health.

 
Facade on the Place du Casino after the expansion of 1878–79
 
Eastern elevation (c. 1878–80) of the Trente-Quarante Gaming Room with the theatre to the left and behind

In 1863, François Blanc finally agreed to take over Monaco's casino business. To manage the new venture, a company (the Société des Bains de Mer et du Cercle des Etrangers) was formed with capital of 15 million francs. Among the prominent investors were Charles-Bonaventure-François Theuret, Bishop of Monaco, and Cardinal Pecci, the future Pope Leo XIII.[citation needed] Blanc became the majority stockholder in the company and received a 50-year concession, which would last until 1913. Blanc used his connections to quickly raise the required capital and begin the massive construction. On Blanc's insistence, the Spelugues area where the gambling complex was located was renamed to make it sound more attractive to casino visitors. A few suggestions were considered, and the name Monte Carlo was chosen in Prince Charles' honor.

In 1878–79, the casino building was transformed and expanded to designs of Jules Dutrou (1819–1885) and Charles Garnier, the architect who had designed the Paris opera house now known as the Palais Garnier. François Blanc knew Garnier because Blanc had provided a loan of at least 4.9 million gold francs to the cash-strapped government of the French Third Republic so that the opera house, which had been started in 1861, could be completed. It had finally opened in 1875. The alterations to the Casino de Monte-Carlo included the addition of a concert hall (designed by Garnier and later named the Salle Garnier), located on the side of the casino facing the sea, and the redesign and expansion of the gaming rooms and public spaces, mostly carried out by Dutrou on the side of the casino facing the Place du Casino, where the Hôtel de Paris Monte-Carlo and the Café de Paris were also located.[8]

 
Roulette table in the Salle Schmitt, from an old postcard, c. 1910 (Neurdein Frères, Paris)

In 1880–81, the casino was expanded again, to the east of Dutrou's Moorish Room, by the addition of the Trente-et-Quarante Gaming Room, also designed by Garnier. Subsequent additions and expansions, and the remodeling of the Trente-et-Quarante Gaming Room into the Salle des Américains, have mostly obliterated Garnier's contributions to this part of the casino, except for some ceiling decorations.[9] In 1898–99, the Salle Garnier was remodeled by architect Henri Schmit, primarily in the stage area, so that it would be more suitable for opera and ballet performances. However, much of Garnier's original facade and the interior design of the auditorium itself remain intact.[8] Despite all of the later additions and modifications, the casino still has a distinctly Beaux Arts style.

In 1921, the first Women’s Olympiad was held at the casino gardens.[10][11]

Until recently, the Casino de Monte-Carlo has been the primary source of income for the House of Grimaldi and the Monegasque economy.

Facilities edit

The casino has facilities to play a variety of games which include:

1913 gambler's fallacy edit

The most famous example of the gambler's fallacy occurred in a game of roulette at the Casino de Monte-Carlo in the summer of 1913, when the ball fell in black 26 times in a row, an extremely uncommon occurrence. Gamblers lost millions of francs betting against black, reasoning incorrectly that the streak was causing an "imbalance" in the randomness of the wheel, and that it had to be followed by a long streak of red.[12]

Breaking the bank edit

  • In 1873, Joseph Jagger gained the casino great publicity by "breaking the bank at Monte Carlo" by discovering and capitalizing on a bias in one of the casino's roulette wheels. Technically, the bank in this sense was the money kept on the table by the croupier. According to an article in The Times in the late 19th century, it was thus possible to "break the bank" several times. The 1892 song "The Man Who Broke the Bank at Monte Carlo", made famous by Charles Coborn, was probably inspired by the exploits of Charles Wells, who "broke the bank" on many occasions on the first two of his three trips.[citation needed]
  • According to the book Busting Vegas by Ben Mezrich, a team of blackjack players recruited from the Massachusetts Institute of Technology by team-leader Victor Cassius and Semyon Dukach attempted to break the bank at Monte Carlo with the assistance of a team-play-based system. The book describes how the management of Monte Carlo responded to the success of the team. According to Semyon the account in Busting Vegas is accurate aside from the fact that the team was made up of himself, Andy Bloch and another player he refers to as "Katie".[13]

In popular culture edit

Other mentions edit

Gallery edit

See also edit

References edit

Notes

  1. ^ . nicematin.com. Archived from the original on 2012-08-05.
  2. ^ Edwards, Anne (1992). The Grimaldis of Monaco: The Centuries of Scandal—The Years of Grace. William Morrow. ISBN 978-0-688-08837-8..
  3. ^ Edwards, Anne (1992). The Grimaldis of Monaco: The Centuries of Scandal - The Years of Grace. William Morrow. ISBN 978-0-688-08837-8..
  4. ^ "Chronology of Gambling (1852-1900)". gamblinghistory.info.
  5. ^ Folli & Merello 2004, pp. 112, 114.
  6. ^ Denby p. 92.
  7. ^ Sharma, K.K. (1999). Tourism and Culture. New Delhi: Sarup & Sons. ISBN 81-7625-056-2.
  8. ^ a b Folli & Merello 2004, pp. 116–117, 136; Bouvier 2004, pp. 190–192.
  9. ^ Folli & Merello 2004, pp. 132–133.
  10. ^ "The Women's Olympic Games". Comité Olympique Monégasque.
  11. ^ "Le parcours d'obstacles de l'athlétisme féminin". Granville Athletic Club.
  12. ^ "Why we gamble like monkeys". BBC.com. 2015-01-02.
  13. ^ "ThePOGG Interviews - Semyon Dukach - MIT Card Counting Team Captain". Retrieved 10 November 2012.
  14. ^ "OCEANS 12 - Production notes - About the production". CinemaReview.com. Retrieved December 1, 2013.
  15. ^ Metropolis 1987.

Sources

  • Bonillo, Jean-Lucien, et al. (2004). Charles Garnier and Gustave Eiffel on the French and Italian Rivieras: The Dream of Reason (in English and French). Marseilles: Editions Imbernon. ISBN 9782951639614.
    • Bouvier, Béatrice (2004). "Inventaires" in Bonillo et al. 2004, pp. 186–205.
    • Folli, Andrea; Merello, Gisella (2004). "The Splendour of the Garnier Rooms at the Monte Carlo Casino" in Bonillo et al. 2004, pp. 112–137.
  • Denby, Elaine (2004). Grand Hotels: Reality and Illusion. London: Reaktion Books. ISBN 9781861891211.
  • Metropolis, N. (1987). "The beginning of the Monte Carlo method" (PDF). Los Alamos Science (1987 Special Issue dedicated to Stanislaw Ulam): 125–130.

External links edit

  • Official website

monte, carlo, casino, this, article, about, casino, monaco, casino, vegas, formerly, known, monte, carlo, resort, casino, park, officially, named, casino, monte, carlo, gambling, entertainment, complex, located, monaco, includes, casino, opéra, monte, carlo, o. This article is about the casino in Monaco For the casino in Las Vegas formerly known as the Monte Carlo Resort and Casino see Park MGM The Monte Carlo Casino officially named Casino de Monte Carlo is a gambling and entertainment complex located in Monaco It includes a casino the Opera de Monte Carlo and the office of Les Ballets de Monte Carlo 1 Monte Carlo CasinoCasino de Monte Carlo French Casino di Monte Carlo Italian Front view of Casino de Monte CarloLocationPlace du CasinoMonte Carlo MonacoOpening dateJuly 1865 158 years ago 1865 07 Casino typeLand basedOwnerSociete des Bains de MerCoordinates43 44 22 N 7 25 44 E 43 73944 N 7 42889 E 43 73944 7 42889Websitecasinomontecarlo wbr comThe Casino de Monte Carlo is owned and operated by the Societe des Bains de Mer SBM a public company in which the government of Monaco and the ruling princely family have a majority interest The company also owns the principal hotels sports clubs foodservice establishments and nightclubs throughout the Principality The citizens of Monaco are forbidden to enter the gaming rooms of the casino The rule banning all Monegasques from gambling or working at the casino was an initiative of Princess Caroline the de facto regent of Monaco who amended the rules on moral grounds The idea that the casino was intended only for foreigners was even emphasized in the name of the company that was formed to operate the gambling business the Societe des Bains de Mer et du Cercle des Etrangers English Company of Sea Baths and of the Circle of Foreigners 2 Contents 1 History 2 Facilities 3 1913 gambler s fallacy 4 Breaking the bank 5 In popular culture 6 Other mentions 7 Gallery 8 See also 9 References 10 External linksHistory editThe idea of opening a gambling casino in Monaco originated with Princess Caroline 3 the shrewd business minded spouse of Prince Florestan Revenues from the proposed venture were supposed to save the House of Grimaldi from bankruptcy The ruling family s persistent financial problems became especially acute after the loss of tax revenue from two breakaway towns Menton and Roquebrune which declared independence from Monaco in 1848 and refused to pay taxes on olive oil and fruit imposed by the Grimaldis citation needed In 1854 Charles Florestan s son and future Prince of Monaco recruited a team of Frenchmen writer Albert Aubert and businessman Napoleon Langlois to devise a development plan and write a prospectus to attract 4 million francs needed to build a spa for the treatment of various diseases a gambling casino modeled on the Bad Homburg casino and English style villas citation needed Granted a concession of 30 years to operate a bathing establishment and gaming tables Aubert and Langlois opened the first casino on 14 December 1856 in Villa Bellevu citation needed Intended to be only a temporary location the building was a modest mansion in La Condamine In the late 1850s Monaco was an unlikely place for a resort to succeed The lack of roads needed to connect Monaco to Nice and the rest of Europe and the absence of comfortable accommodations for visitors as well as the concessionaires failure to publicize the new resort resulted in far fewer customers than was originally anticipated Unable to raise the capital needed to operate the money losing enterprise Aubert and Langlois ceded their rights to Frossard de Lilbonne who in turn passed it to Pierre Auguste Daval in 1857 4 nbsp Seaside facade before 1878 nbsp General plan by Garnier and Dutrou 1879 During this initial period the casino had been moved several times until it finally ended up in the area called Les Spelugues English The Caves Construction at this site began on 13 May 1858 to designs of the Parisian architect Gobineau de la Bretonnerie 5 and was completed in 1863 Gobineau de la Bretonnerie also designed the neighboring Hotel de Paris Monte Carlo constructed in 1862 6 Although the casino began to make a profit in 1859 Daval was not up to the task Just like his predecessors he was incompetent and lacked the ability to bring the gambling enterprise to the scale envisioned by Princess Caroline 7 Frustrated she dispatched her private secretary M Eyneaud to Germany hoping to recruit Francois Blanc a French entrepreneur and operator of the Bad Homburg casino Blanc initially declined the offer and it took a lot of time and persuasion on the part of Princess Caroline to convince Blanc to move to Monaco Princess Caroline even appealed to Madame Blanc whom she befriended during her first visit to Bad Homburg with a suggestion that Monaco s mild climate would be good for Madame Blanc s ill health nbsp Facade on the Place du Casino after the expansion of 1878 79 nbsp Eastern elevation c 1878 80 of the Trente Quarante Gaming Room with the theatre to the left and behind In 1863 Francois Blanc finally agreed to take over Monaco s casino business To manage the new venture a company the Societe des Bains de Mer et du Cercle des Etrangers was formed with capital of 15 million francs Among the prominent investors were Charles Bonaventure Francois Theuret Bishop of Monaco and Cardinal Pecci the future Pope Leo XIII citation needed Blanc became the majority stockholder in the company and received a 50 year concession which would last until 1913 Blanc used his connections to quickly raise the required capital and begin the massive construction On Blanc s insistence the Spelugues area where the gambling complex was located was renamed to make it sound more attractive to casino visitors A few suggestions were considered and the name Monte Carlo was chosen in Prince Charles honor In 1878 79 the casino building was transformed and expanded to designs of Jules Dutrou 1819 1885 and Charles Garnier the architect who had designed the Paris opera house now known as the Palais Garnier Francois Blanc knew Garnier because Blanc had provided a loan of at least 4 9 million gold francs to the cash strapped government of the French Third Republic so that the opera house which had been started in 1861 could be completed It had finally opened in 1875 The alterations to the Casino de Monte Carlo included the addition of a concert hall designed by Garnier and later named the Salle Garnier located on the side of the casino facing the sea and the redesign and expansion of the gaming rooms and public spaces mostly carried out by Dutrou on the side of the casino facing the Place du Casino where the Hotel de Paris Monte Carlo and the Cafe de Paris were also located 8 nbsp Roulette table in the Salle Schmitt from an old postcard c 1910 Neurdein Freres Paris In 1880 81 the casino was expanded again to the east of Dutrou s Moorish Room by the addition of the Trente et Quarante Gaming Room also designed by Garnier Subsequent additions and expansions and the remodeling of the Trente et Quarante Gaming Room into the Salle des Americains have mostly obliterated Garnier s contributions to this part of the casino except for some ceiling decorations 9 In 1898 99 the Salle Garnier was remodeled by architect Henri Schmit primarily in the stage area so that it would be more suitable for opera and ballet performances However much of Garnier s original facade and the interior design of the auditorium itself remain intact 8 Despite all of the later additions and modifications the casino still has a distinctly Beaux Arts style In 1921 the first Women s Olympiad was held at the casino gardens 10 11 Until recently the Casino de Monte Carlo has been the primary source of income for the House of Grimaldi and the Monegasque economy Facilities editThe casino has facilities to play a variety of games which include Different kinds of roulette Stud poker Blackjack Trente et Quarante Craps Baccarat Video poker Slot machines1913 gambler s fallacy editThe most famous example of the gambler s fallacy occurred in a game of roulette at the Casino de Monte Carlo in the summer of 1913 when the ball fell in black 26 times in a row an extremely uncommon occurrence Gamblers lost millions of francs betting against black reasoning incorrectly that the streak was causing an imbalance in the randomness of the wheel and that it had to be followed by a long streak of red 12 Breaking the bank editIn 1873 Joseph Jagger gained the casino great publicity by breaking the bank at Monte Carlo by discovering and capitalizing on a bias in one of the casino s roulette wheels Technically the bank in this sense was the money kept on the table by the croupier According to an article in The Times in the late 19th century it was thus possible to break the bank several times The 1892 song The Man Who Broke the Bank at Monte Carlo made famous by Charles Coborn was probably inspired by the exploits of Charles Wells who broke the bank on many occasions on the first two of his three trips citation needed According to the book Busting Vegas by Ben Mezrich a team of blackjack players recruited from the Massachusetts Institute of Technology by team leader Victor Cassius and Semyon Dukach attempted to break the bank at Monte Carlo with the assistance of a team play based system The book describes how the management of Monte Carlo responded to the success of the team According to Semyon the account in Busting Vegas is accurate aside from the fact that the team was made up of himself Andy Bloch and another player he refers to as Katie 13 In popular culture editJames Bond a fictional British secret agent is often associated with the Casino de Monte Carlo Monaco and its casino were the locations for a number of James Bond movies including Never Say Never Again and GoldenEye as well as for the Casino Royale episode of CBS s Climax television show The casino was a filming location for the music video for Kylie Minogue s 2000 single On a Night Like This The casino served as a filming location for the 2004 film Ocean s Twelve 14 The casino makes an appearance in Condorman The Castle of Cagliostro and Madagascar 3 Europe s Most Wanted Other mentions editThe Monte Carlo method a computational approach which relies on repeated random sampling to solve difficult numerical problems was named after the Casino de Monte Carlo by physicist Nicholas Metropolis 15 CASINO a quantum Monte Carlo method Casino a portion of the Circuit de Monaco of the Monaco Grand PrixGallery edit nbsp The Casino de Monte Carlo main entrance nbsp View of the casino illuminated at dusk nbsp The main hall nbsp Roulette tables in the Salle Europe nbsp The gardens behind the casino with the Salle Garnier in the background nbsp South balconySee also editCasino Gardens and TerracesPortals nbsp Architecture nbsp MonacoReferences editNotes Le Casino de Monte Carlo joue la carte de l ouverture nicematin com Archived from the original on 2012 08 05 Edwards Anne 1992 The Grimaldis of Monaco The Centuries of Scandal The Years of Grace William Morrow ISBN 978 0 688 08837 8 Edwards Anne 1992 The Grimaldis of Monaco The Centuries of Scandal The Years of Grace William Morrow ISBN 978 0 688 08837 8 Chronology of Gambling 1852 1900 gamblinghistory info Folli amp Merello 2004 pp 112 114 Denby p 92 Sharma K K 1999 Tourism and Culture New Delhi Sarup amp Sons ISBN 81 7625 056 2 a b Folli amp Merello 2004 pp 116 117 136 Bouvier 2004 pp 190 192 Folli amp Merello 2004 pp 132 133 The Women s Olympic Games Comite Olympique Monegasque Le parcours d obstacles de l athletisme feminin Granville Athletic Club Why we gamble like monkeys BBC com 2015 01 02 ThePOGG Interviews Semyon Dukach MIT Card Counting Team Captain Retrieved 10 November 2012 OCEANS 12 Production notes About the production CinemaReview com Retrieved December 1 2013 Metropolis 1987 Sources Bonillo Jean Lucien et al 2004 Charles Garnier and Gustave Eiffel on the French and Italian Rivieras The Dream of Reason in English and French Marseilles Editions Imbernon ISBN 9782951639614 Bouvier Beatrice 2004 Inventaires in Bonillo et al 2004 pp 186 205 Folli Andrea Merello Gisella 2004 The Splendour of the Garnier Rooms at the Monte Carlo Casino in Bonillo et al 2004 pp 112 137 Denby Elaine 2004 Grand Hotels Reality and Illusion London Reaktion Books ISBN 9781861891211 Metropolis N 1987 The beginning of the Monte Carlo method PDF Los Alamos Science 1987 Special Issue dedicated to Stanislaw Ulam 125 130 External links edit nbsp Wikimedia Commons has media related to Casino de Monte Carlo Official website Retrieved from https en wikipedia org w index php title Monte Carlo Casino amp oldid 1158998511, wikipedia, wiki, book, books, library,

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