The company also owns the principal hotels, sports clubs, foodservice establishments, and nightclubs throughout the Principality. The Casino de Monte-Carlo is owned and operated by the Société des Bains de Mer (SBM), a public company in which the government of Monaco and the ruling princely family have a majority interest. It includes a casino, the Opéra de Monte-Carlo, and the office of Les Ballets de Monte-Carlo. The Monte Carlo Casino, officially named Casino de Monte-Carlo, is a gambling and entertainment complex located in Monaco.