TOURISM: Red into Black

The fabled casino at Monte Carlo had long enforced a ceiling on bets—to the displeasure of, among others, J.P.

Morgan, who refused to gamble there for what he regarded as a piddling 12,000 francs top. But last week the wife of an Italian film producer casually threw away a small fortune at roulette; when the croupier tried to stop her from betting above the current 20,000-franc limit, she scornfully referred him to another table for approval and got it.

Without publicizing the fact, the grandly misnamed Société des Bains de Mer et du Cercle...