French commodities trader is about to become a shareholder in the online gambling company jointly owned by Monaco's Societe des Bains de Mer (SBM) and French TV producer Stephane Courbit's company Financieres Lov.

Gambling in Monte Carlo gets a breath of fresh air.

If you've been for a walk by the sea lately on the Eastern side of Monaco, you'll have noticed the construction work going on at the Monte Carlo Beach Hotel.

The Monaco hotel and casino company SBM has big plans to improve its IT systems.

The World Intellectual Property Organization ordered that the internet domain casino-monaco-gold.com to be transferred to Monaco's Societe des Bains de Mer.

Monte Carlo SBM is hoping to extend its casino business into the virtual world of online gambling by taking a 50% stake in Mangas Capital Gaming (MCG). The Monegasque company, whose image is synonymous with the luxury and glamour of Monte Carlo, has been eager to start developing its brand on the Internet. However, this has proved difficult, primarily because of French gaming regulations.

Earlier this month Qatari Diar pulled the offer to increase its shareholding of Monte Carlo SBM.