Quit while you’re ahead
The iconic Casino de Monte-Carlo perches on a cliff in the Monte Carlo district of the Principality of Monaco, overlooking the coastline of the French riviera. Princess Caroline, the de facto regent of Monaco, officially opened the palatial gambling den in July 1865 as she sought to turn the principality’s finances around. Two towns — Menton and Roquebrune — had broken away from Monaco, taking with them their much-needed tax revenues. The casino flourished and succeeded in transforming Monaco’s economy,