Monte Carlo is one of Monaco's administrative areas, sometimes erroneously believed to be a town or the country's capital, just as Monaco-Ville. The official capital is the city of Monaco, which shares the exact same territory as the country itself. Monte Carlo, which lies in the French Riviera on the Mediterranean Sea in Monaco is surrounded by France and close to Italy. It is widely known for its casino, and its gambling. The permanent population is about 3,000. Monte Carlo quarter includes not only Monte Carlo proper where the famous Le Grand Casino is located, it also includes the neighbourhoods of Saint-Michel, Saint-Roman/Tenao, and the beach community of Larvotto. It borders the French town of Beausoleil.