Monte-Carlo

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Monte-Carlo

Resort (pop., 2000: 15,507), one of the four sections (quartiers) of Monaco. It is situated northeast of Nice on the French Riviera. In 1856 Charles III of Monaco granted a charter allowing a joint-stock company to build a casino, which opened in 1861. The district around it, called Monte-Carlo, became a luxurious playground for the world's wealthy. The government took over the casino's operating company in 1967.

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