The combination of hot summers, mild winters, and the blue Mediterranean Sea has brought tourists to Monaco from all over Europe since the 1800’s. More recently, many wealthy people have come to live here because the country has low taxes. Monte Carlo is famed for its casino where huge fortunes are won and lost on the roulette and other gaming tables. A law forbids the citizens of Monaco from gambling, which brings a large revenue to the country. Another of Monaco’s attractions is motor racing. The Monaco Grand Prix and the Monte Carlo Rally are held here every year.