Bad Homburg is the capital city of the Hochtaunuskreis, Hesse, Germany, on the southern slope of the Taunus, bordering among others Frankfurt and Oberursel. The city's formal name is Bad Homburg vor der Höhe (translated as Bad Homburg in front of the height), abbreviated as Bad Homburg v.d.H. The city is best known for its medically used mineral waters and spa (hence the prefix Bad), and for its casino. Today, Bad Homburg is again one of the wealthiest cities in Germany, in part thanks to its vicinity to Frankfurt, as many of the directors and employees of the Frankfurt banks live in Bad Homburg. (The Hochtaunuskreis and the Landkreis Starnberg regularly compete for the "title" of the wealthiest district in Germany.) As of 2004, the city marketing slogan is : Champagnerluft und Tradition (Champagne air and tradition).