CASINO AT MONTE CARLO

Evening Star, Issue 22988, 20 June 1938, Page 2

CASINO AT MONTE CARLO

THE BANK ALWAYS WINS The casino at Monte Carlo received £568,000 in the last financial year and made a profit of £140,000, facts which may be taken as evidence of increased prosperity—there being more money to bum —or of the increase in the gambling spirit born of desperation. Buis whether the receipts be up or down on the year, there is one fact to be re* membered, that the bank always wins* No system yet invented has prevailed against it. Those of D’Alembert, Labourchere, and many others have been tried in vain, and the only result haa been to enrich the official coffers, for* as M. Blanc, the founder of the casino, used to say, ” Black often loses and red often loses, but white (Blanc) always wins.” “ He who breaks the bank to-day will be broken by the bank to-morrow,” said Signor Garisa, who, after winning fabulous sums—£4o,ooo once within an hour —was stripped of his last franc. “ Monte Carlo ” Wells won £50,000 in two days and lost it all and more* The only system that has succeeded was that of Mr daggers, a Yorkshire mechanic, who won £120,000 after notic. ing that certain wheels had some defect that favoured certain numbers, and who then backed those numbers heavily. But the bank was quick to notice the defect also, and there was ■ no opportunity of repeating Mr daggers’s sue. cessful “ system.”