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This splendid Belle Époque casino dates back to 1850 when Prince Charles III had to find a way to avoid bankruptcy after the taxes he imposed on the nearly 1000 farmers, who inhibited the region, got so high they weren’t able to pay anymore. His mother, Princess Caroline, was a business-minded woman and came up with the idea to develop the tourism in the region after visiting the German town of Bad Homburg which was famous as a spa resort and had a successful casino. The casino there was built and operated by the Frenchman Francois Blanc and had already proven to be profitable. The Prince invited him to start up the same operation in Monaco, but he refused. Still, a casino was opened by other entrepreneurs, but it was so unpopular that bored croupiers used to hang outside the building looking through binoculars for customers. Part of the reason for the failure of this enterprise was the bad infrastructure during that time. People just couldn’t get to the town easily. This changed with the opening of a new railroad. After the first futile attempts, Princess Caroline finally managed to convince Francois Blanc and his wife to move to Monaco and establish a casino like the one in Homburg. Blanc acquired a license to operate in return for a generous annual tax paid to the ruling family. In the years to come the casino took off and the principality had so much money that its citizens stopped paying taxes, which is still the situation nowadays.Furthermore, there are regular big stake pool tourneys of free entry that guarantee players to have fun with the playThe new rake structure means that PKO MTTs on poker rake 50% less than the industry standard.This means that streaming HD video might not always be possible everywhereBlackoid_ will sit down on November 22 with one-million chips, a dream, and the full support of the poker community.

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