Monte Carlo Marks a Major Milestone

“Gambling makes life more intense” — and it also made life a lot more prosperous for Monaco. The quote was from a docudrama about the petite principality and the building of a casino in Monte Carlo 150 years ago. The medieval town and surrounding area was impoverished before Prince Charles III of Monaco decided gambling was their best economic bet. The name Monte Carlo, or Mount Charles, reflects the elevated terrain and the proximity to Italy.

Monaco launched a year-long celebration for its monumental anniversary, with events at home and abroad.

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