The Spin Casino in Malta
Spin Casino claims itself to be a high end internet casino with only the finest quality games available. The web site is operated and governed by the CityView Group, an unbiased trading group located in Malta. A leading internet poker player and gambling enthusiast, Peter Constantines were the person behind the thought of the spin casino. He has personally managed and developed numerous websites including a 엠 카지노 large number of online casinos.
The spin casino began operation in October 2000. Mr. Constantines has always maintained that the key to success with any casino business would be to build a casino that provides a unique gaming experience in conjunction with an attractive website. The spin casino was designed and developed under strict instructions from the Malta Gaming Authority, who is responsible for the regulation of online casinos in Malta. This was a very difficult task because the GVA have long been thought to be the most powerful authority in your community of online gambling.
Regardless of this, the spin casino has experienced a phenomenal growth in its operations in the short time since its launch. However, not surprisingly, the GVA still has several requests to create before they consider opening an internet casino of their own. Two of the main issues include payment processing and establishing a stable tax base. Even though GVA is the supervisor, they’re not the only ones mixed up in running of the spin casino. The Malta government also plays a key role in controlling online casinos in Malta. Actually, the GVA has asked the government for assurances that you won’t interfere in the operational processes at any point.
The Spin Casino management is controlled by Mr. Constantines himself. The precise located area of the casino is unknown at this time, although it is thought to be in the Malta area. Mr. Constantines will remain in charge of all major decisions regarding the spin casino. He’ll have final say on all matters regarding the casino and it’s really maintenance. Mr. Constantines has previously said that he will leave the management of the casino to his son, Dimitri Constantines. This can happen in late 2009.
There are numerous legal stipulations that govern online casinos in Malta. They are: The jurisdiction of the Gaming authority of Malta; The granting of licenses to licensed persons; Regulation of gambling; Registration of online casinos; Annual licensing of internet gambling establishments; Treatment of clients in case of complaints; and Other related matters. The Malta Government has released a set of regulations for the web casinos in Malta. The laws in relation to online gambling in Malta state that all transactions between a person and an online casino should be done through a licensed dealer. This also states that all fees which are paid by a customer should be deposited in a separate financial account.
The Spin Casino isn’t licensed to operate an online casino. They do however operate five other casinos in the county like the Bellagio, Grand Casino, Sliema, and the Tarzano Hotel and Casino. The only location in Malta where gambling is very banned is at the Bellagio. This location is owned by way of a Canadian company called Intercasino Corporation. The corporation operates all other casinos in the county. The Grand Casino and Bellagio are managed by exactly the same person that owns and operates the spin casino.
Many local businessmen and politicians come in favor of online casinos in Malta. This is due to they feel that the tax revenues that may be generated through online casinos would more than replace the lost revenue that’s generated through the licensed casinos. Mr. Constantines has stated that he would like to see the online casinos increase in size so that additional money can be generated for the city of Malta. Mr. Constantines has been quoted as saying “If we understand this right, this could be the start of the end for Bellagio. We need a bigger casino, a more profitable one, to help our economy.”
Mr. Constantines seems to have a vision into the future of the spin casino. If he gets his way, the web casinos will soon be a significant player in the web casino world. All the big players are already involved with the spin casino also it looks as if they may soon be dominating the virtual casino scene in Malta.