Episode 3 of 3
Cession of Rights
- When
- 1857
- Where
- Monaco
Due to financial failure, Aubert and Langlois ceded their concession rights to Frossard de Lilbonne in 1857.
Unable to raise the capital needed to operate the money-losing enterprise, Aubert and Langlois ceded their rights to Frossard de Lilbonne. Frossard de Lilbonne in turn passed the concession to Pierre Auguste Daval in 1857, indicating the instability of the initial business model.
Sources
- Monte Carlo Casino Wikipedia, revision of 2026-10-02
Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.