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Monte Carlo profits skyrocket for Monaco Sea Baths firm
An official statement after Monaco’s Societe des Bains de Mer de Monaco annual meeting shows 1913-14 net profits of 4,096,729.58 dollars, up 320,000 from 1912-13. The gains come mainly from the casino operations, with the bathhouse name serving as a cover for gambling revenue, while Monaco benefits from external taxes and concessions. The piece recalls Monte Carlo’s transformation, the Blanc family fortune, and ongoing dominance of roulette as a draw for foreign visitors.
MENTIONED IN THIS ARTICLE
Monaco
Saya
New York Times
Monaco Sea Baths Company
Monte Carlo
Lttle
Charles III
Blanc
Charles II
M. Blanc
Nice
Homburg
Eve
The
Adam
Principality
Mamedy
Jerat
Hrason
Bet Arpbety
Paris
M. Camille Blanc
Blane
Hesse-Homburg
Europe
Principality of
America
Roulette
France
England
Germany
Belgium
Societe Des Bains de Mer de