Monte Carlo

1. Monte Carlo is a seaside area of Monaco that is known for its luxurious ambiance and for being a European gambling hub.
2. (noun) A method for simulating outcomes of certain events, relying on repeated random sampling to compute results. The Monte Carlo Method (named for the gambling destination) has been used to simulate probabilities in poker situations.

European Poker Tour

Pokerstars hosts its EPT Grand Final, a €10,000 buyin, each Spring at the Monte Carlo Bay Hotel.

Ugly American Tourists

Even though Monte Carlo overflows with wealth--Ferraris and Aston Martins coursing through the streets at all hours--it is surprisingly affordable for tourists. Another common misunderstanding is that the Monte Carlo Casino requires formal attire as was traditionally the case; it no longer does.