The Monte Carlo Casino in Monte Carlo, Monaco, was inaugurated in 1863. Since then the bank has been broken on a number of occasions. The expression "breaking the bank" is used when a gambler wins more money than the reserve held at that particular table in the casino. At the start of each day, every table was funded with a cash reserve of 100,000 francs – known as "the bank". If this reserve was insufficient to pay the winnings, play at that table was suspended while extra funds were brought out from the casino's vaults.