Economics and statistics

Monte Carlo Casino is the mainstay of the Principality's luxury tourism: a significant share of revenues is generated by high-limit tables (roulette, baccarat, blackjack) and premium slots, as well as related infrastructure - hotels, gastronomy, events.

The model is integrated: gambling revenue is supplemented by non-gaming revenue, which smooths out volatility.

Demand is determined by the international clientele; Monaco citizens cannot play, so the focus is on tourists and foreign residents.

There is a pronounced seasonality with peaks for the period of major events (motorsport, regattas, exhibitions).

Fiscal revenues are made up of taxes and concession payments; employment multiplier is high due to the effect of "clusters" (hoteliers, restaurants, luxury retail, transport).

Operator costs are increased due to strict KYC/AML and safety requirements, but are offset by high average guest spending and sustained premium demand.