Monte Carlo's economy

The government does not tax personal income. The government maintains a monopoly position in many industrial sectors, including tobacco and postal services. The telephone network is owned by the government. At present, Cable & Wireless holds 49% of the shares of Monaco Telecom, 45% of the shares of the government and 6% of the shares of the Bank of Monaco, but it is still a monopoly. The standard of living here is very high, roughly equivalent to the nearby French metropolis.

No personal income tax attracts a considerable number of wealthy tax-avoidance immigrants, mainly from other European countries, and most of their income is obtained through occupations outside Monaco; Celebrities such as F- 1 racing drivers attract the most attention, but most immigrants are businessmen. Since the establishment of 1865 Monte Carlo Casino, Monaco has changed from a poor country to a rich country.

Monaco is not a member of the European Union, but it has very close ties with the European Union through a customs union with France, which uses the same currency as France-the euro. Monaco has obtained the right to cast euro coins, that is, the right to use Monaco's own design on the national side of the coin. Monte Carlo is a world-famous casino, a symbol of Monaco, and one of the three largest casinos in the world (Las Vegas, the super casino in the United States, and Macau, China, known as Oriental Las Vegas). The magnificent Monte Carlo Casino, built in 1863, is an antique and magnificent palace-style building, which, together with the beautiful scenery, makes tourists feel good immediately when they enter the door. There is a big square in front of the door, which is a garden. Every grass and tree is neatly trimmed, flowers are in full bloom, and there is a parking lot next to the garden. At the end of the garden is a palace-style building, which is the world-famous Monte Carlo Casino. Climb the steps to get started and stand guard. According to the laws of Monaco, domestic people are not allowed to gamble in casinos, so tourists are naturally welcome. Then they will pay 10 francs with their passports to become [members] for [one day], and only with this card can they enter the casino. The venue is resplendent and magnificent, with decorations and curtains on the walls, diamond-like flashing crystal lights that are also on during the day, and waiters in neat dresses, set off by the red carpet. The atmosphere is extraordinary. There is a big stage suitable for opera performance, and then a door enters a hall, which is the famous casino.

Casino is almost a microcosm of Monte Carlo. Whether you gamble or not, if you come to Monte Carlo without going to the casino, or try your luck, it's really a feeling of going back to Baoshan empty-handed. Just make a small bet, watch the sound of chips moving on the table and imagine when wealth will come to you. That kind of experience and feeling is worth boasting to your children and grandchildren for a long time to come. Monte Carlo Casino is dominated by roulette. Although other gambling tools have been added now, roulette is still the most popular. One of the reasons for its popularity is that gamblers have more chances to win. The roulette wheel here is slightly different from other casinos: there is only one zero in the roulette wheel here (the Zhuang family takes it all), while there are two zeros elsewhere. Monte Carlo has 18 roulette tables, and each roulette table has 37 holes (36 numbers plus zero), which can accommodate the whereabouts of small ivory balls. Gamblers can bet any number, and if they win, the dealer will pay 35 times the money. You can also bet on odd or even numbers, red diamonds or Haig (the color of each hole is red and black). If you bet on this, you can get the same money as Cai, but the chance of winning is one to one. The color of zero is green. If this number is given, the dealer will pay the bet tied to zero and all the other doors on the stage will eat it. Just this zero point, the dealer has a 2.7% chance of winning. Although it is not much, it is enough to maintain the expenses and profits of the casino.

To solve the financial crisis, the royal family opened a casino.

This casino attracts gamblers from all over the world. The hotel room number, breakfast plates, milk cups and stamp albums here have all become gambling tools. From 65438 to 0967, the casino was taken over by the government. By the end of the last century, casinos were flying around the clock with the "big roulette wheel", with an annual income of more than 40 million French francs.

The income of gambling industry once accounted for more than 70% of the total national annual income, and it still remains at around 40% today. At the same time, tourism and real estate have also flourished accordingly. In recent years, there has been a situation of "an inch of land and an inch of gold", and the price of land per square meter is as high as 80,000 to/kloc-0.0 million French francs, which is very impressive.

However, the number of investors from western wealthy businessmen is still increasing sharply. Star-rated hotels, presidential suites and luxurious facilities are world-class. Las Vegas streets, casinos and tourists are bustling. Ancient blackjack games, modern three-person gambling games and Taroko cards that Italians like to play are all very popular. More than 200,000 gamblers visit here every year. Monte Carlo also achieved the title of "World Casino".

Monte Carlo is the largest city in Monaco. The origin of Monte Carlo's name is 1856. In order to alleviate the financial crisis, Prince Charles III opened the first casino in the northern corner of the old city. Later generations named this place Monte Carlo in memory of him. There is a world-famous casino, Monte Carlo Casino, built in 1865. Gamblers from all over the world can go to the luxurious opera house and sunbathe on the beautiful beaches of this small and exquisite city. Monte Carlo's big casino, seaside club and tourism department, sports club, golf country club and opera house are all world-class.