Monte Carlo, where the Monte Carlo Casino is situated, is legally an administrative area of the Principality of Monaco. Informally, the term also refers to a broader neighborhood known as the Monte Carlo Quarter, which encompasses the wards of La Rousse/Saint Roman, Larvotto/Bas Moulins, and Saint Michel in addition to Monte Carlo/Spélugues. The permanent population of Monte Carlo's ward is about 3,500, whereas the quarter's is over 15,000 people. Monaco is divided into four historic sections: Fontvieille, Monaco-Ville, La Condamine, and Monte Carlo.
The Monte Carlo Casino, or Casino de Monte-Carlo in French, is a gaming and entertainment facility in Monaco. It houses a casino, the Opéra de Monte-Carlo, and Les Ballets de Monte-headquarters.
The Société des bains de mer de Monaco, a public business in which the Monaco government and the reigning royal family maintain a majority stake, owns and operates the Casino de Monte-Carlo. The firm also owns the majority of the Principality's hotels, sports clubs, foodservice restaurants, and nightclubs.
The majority of the Circuit de Monaco, which hosts the Formula One Monaco Grand Prix, is located in Monte Carlo. It also holds world championship boxing matches, the European Poker Tour Grand Final, and the World Backgammon Championship, as well as the Monaco International Auto Show, fashion displays, and other events. Despite the fact that the Monte Carlo Masters tennis event is held in the community, it is really held in the nearby French commune of Roquebrune-Cap-Martin. The Monte Carlo Rally is one of the most prestigious and well-known vehicle rallies; from 1973 through 2008, and again from 2012, it served as the season opener for the World Rally Championship, as well as the Intercontinental Rally Challenge between 2009 and 2011. The rally, on the other hand, takes place outside of Monte Carlo and is primarily conducted on French roads.
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