Monaco is not a part of the European Union, but it’s an independent microstate located in the French Riviera. Principality of Monaco is the second smallest country in the world, bordering with France and the Mediterranean Sea, and has an area of 2.02 Km2.
The population of just 38,400 people, according to the census of 2015, makes it actually the most densely populated country in the world. The official language is French, but Monegasque, English, and Italian are also widely spoken.
Thinking about Monaco is hard not to see the wealth and luxury, yachts, cars, and tax exile, and in fact, billionaires do seek the country as an official resident for tax reasons. Their big purchasing power is reflected in their spending at the casino, and that is why the sector flourishes in the country.
This constitutional monarchy is small in size and population, but it’s one of the countries with a bigger gambling history in the world, and gambling is actually the activity that makes Monaco most well-known.
Gambling is legal in Monaco for over a century now, it was an effort made at the time by the country to generate revenue. Even today the country makes their best efforts to keep gambling as the national business, so it’s more than a hobby or pastime.
Gambling activities were legalized in 1863, and the appearance of the first casino was a response to financial problems in the country. The Monte Carlo Casino was actually built on a franchise contract of 50 years between the Prince of Monaco and the inventor of the single-zero roulette, Francois Blanc, making the roulette exclusive of Monaco up to 1933.
The country has a monopoly on gambling since 1863 when Societe des Bains de Mer became responsible for the sector. Apart from roulette, also poker and backgammon events make the country famous for gambling.
These days Monaco has five casinos: Monte Carlo, Monte-Carlo Bay Hotel and Resort, Sun Casino, Café de Paris, and Sporting Club and Casino, and interesting enough, they are mostly self-regulated, operating under informal rules, pretty much the same scenario that is happening with online casinos.
When everything in the country seems like gambling heaven, we are struck by the information that Monaco citizens cannot enter casinos, except for those working there, or place any bets. Foreign citizens are the target for the local casinos, and in fact, they represent 80% of the country’s population, so that ban doesn’t have a big impact on the casinos, and therefore state revenues.
Online gambling legislation is extremely simple, it has only five sections that focus on the ban of local citizens from online casinos, and on the minimum legal age to play, which is 18 years old.
After considerations, current legislation doesn’t forbid gambling on foreign sites, more doesn’t even mention online gambling, allowing the locals to play in the sites they want. They, in fact, gamble online a lot, as they cannot do it in the land-based casinos.
So, regardless these limitations, Monegasque have a wide selection of online gambling available in French outside their small territory, where feature slots, table games, bingo, sports betting, both online and offline, to what we can add live online gambling and mobile casinos.
Making deposits is fairly simple too, as credit cards or digital wallets, pretty much like in the rest of the world, are commonly used and accepted.
Online Gambling in Monaco
When gambling online in Monaco, or if you are from Monaco, there are quite a few quality options, just below are a few suggestions:
|Euro Palace||Video Slots||Guts Casino|
|Royal Panda||Royal Vegas||Mr Green|