One of Monaco's main sources of income is tourism. Each year many foreigners are attracted to its casino (where citizens are denied entry) and pleasant climate
Monaco is very old and quite well known, especially because of its status as a playground for the rich and famous, who are a spectacle for tourists and an economic engine in the Mediterranean. In 2014 it was noted about 30% of the population was made up of millionaires, similar to Zürich or Geneva.Today, Société des bains de mer de Monaco, which owns Le Grand Casino, still operates in the original building that the Blancs constructed and has since been joined by several other casinos, including the Le Casino Café de Paris, the Monte Carlo Sporting Club & Casino and the Sun Casino. The most recent addition in Monte Carlo is the Monte Carlo Bay Casino, which sits on 4 hectares of the Mediterranean Sea and, among other things, offers 145 slot machines, all equipped with "ticket-in, ticket-out" (TITO); it is the first Mediterranean casino to use this technology.