Sports betting is legal in Monaco and operates under the strict regulatory oversight of the Direction de l'Expansion Économique, which serves as the principality's gaming authority (1). Monaco has maintained a carefully controlled gambling market since the establishment of the Monte-Carlo Casino in 1863, with comprehensive legislation governing all forms of gaming activities within the sovereign city-state.
The Monégasque government maintains a monopoly approach to gambling regulation, with the Société des Bains de Mer (SBM) holding exclusive rights to operate casino games and other gambling activities in the principality (2). All gambling operations must comply with strict licensing requirements and regulatory standards established by Monaco's gaming laws.
"Monaco maintains strict control over all gambling activities through comprehensive licensing and regulatory oversight by government authorities."
Monaco citizens are prohibited from gambling in the principality's casinos, though this restriction primarily applies to traditional casino games rather than sports betting activities. The regulatory framework emphasizes responsible gambling practices, anti-money laundering compliance, and maintaining Monaco's reputation as a premium gambling destination. Sports betting operations must adhere to stringent financial and technical requirements, with operators required to demonstrate their ability to provide secure, fair, and transparent betting services to customers while protecting against problem gambling.
Source:
https://www.gouv.mc/Government-Institutions/The-Government/Ministry-of-Finance-and-Economy/Direction-de-l-Expansion-Economique
https://www.montecarlosbm.com/
Last updated: 15-09-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.
