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Since its inauguration, the theatre has hosted 45 world premiere productions of operas. The composers had operas presented for the first time, among them being Saint-Saëns (Hélène, 1904); Mascagni (Amica, 1905); and Puccini (La rondine, 1927). Initially, it was Charles III's private theatre with the main entrance reserved for the Royal family and a private staircase taking them to their richly-adorned private box. With the lack of cultural diversions available in Monaco in the 1870s, Prince Charles III, along with the Société des Bains de Mer, decided on the construction of an opera house on a high spot overlooking the Mediterranean.

The Monte Carlo Opera House is an opera company in the principality of Monaco.