Monte Carlo is officially an administrative area of the Principality of Monaco, specifically the ward of Monte Carlo/Spélugues, where the Monte Carlo Casino is located. Informally the name also refers to a larger district, the Monte Carlo Quarter (corresponding to the former municipality of Monte Carlo), which besides Monte Carlo/Spélugues also includes the wards of La Rousse/Saint Roman, Larvotto/Bas Moulins, and Saint Michel. The permanent population of the ward of Monte Carlo is about 3,500, while that of the quarter is about 15,000. Monaco has four traditional quarters. From west to east they are: Fontvieille (the newest), Monaco-Ville (the oldest), La Condamine, and Monte Carlo.
Monte Carlo is situated on a prominent escarpment at the base of the Maritime Alps along the French Riviera. Near the quarter’s western end is the world-famous Place du Casino, the gambling center which has made Monte Carlo “an international byword for the extravagant display and reckless dispersal of wealth”. It is also the location of the Hôtel de Paris, Café de Paris and Salle Garnier (the casino theatre which is the home of the Opéra de Monte-Carlo). The quarter’s eastern part includes the community of Larvotto with Monaco’s only public beach, as well as its new convention center (the Grimaldi Forum), and the Monte-Carlo Bay Hotel & Resort. At the quarter’s eastern border, one crosses into the French town of Beausoleil (sometimes referred to as Monte-Carlo-Supérieur), and just 8 kilometres (5 mi) to its east is the western border of Italy.
Monte Carlo is host to most of the Circuit de Monaco, on which the Formula One Monaco Grand Prix takes place. It also hosts world championship boxing bouts, the European Poker Tour Grand Final and the World Backgammon Championship as well as the Monaco International Auto Show (Fr: Salon International de l’Automobile de Monaco), fashion shows and other events. Although the Monte Carlo Masters tennis tournament is billed as taking place in the community, its actual location is in the adjacent French commune of Roquebrune-Cap-Martin. The Monte Carlo Rally is one of the longest running and most respected car rallies; from 1973 to 2008 and again from 2012, it marks the start of World Rally Championship season, having also served as the curtain-raiser for the Intercontinental Rally Challenge between 2009 and 2011. The rally, however, takes place outside the Monte Carlo quarter and is run mostly on French roads.
Monte Carlo has been visited by royalty as well as the public and movie stars for decades. Monte Carlo is one of Europe’s leading tourist resorts, although many of the key tourist destinations are in other parts of Monaco, including such attractions as Monaco Cathedral, the Napoleon Museum, the Oceanographic Museum and aquarium, and the Prince’s Palace, all of which are in Monaco-Ville