The Spin Casino in Malta
Spin Casino claims itself to become a top quality internet casino with only the finest quality games available. The web site is operated and governed by the CityView Group, an independent trading group based in Malta. A respected internet poker player and gambling enthusiast, Peter Constantines were the individual behind the thought of the spin casino. He’s got personally managed and developed numerous websites including a large number of online casinos.
The spin casino began operation in October 2000. Mr. Constantines has always maintained that the main element to success with any casino business is to build a casino that provides a unique gaming experience in conjunction with a stylish website. The spin casino was designed and developed under strict instructions from the Malta Gaming Authority, who’s in charge of the regulation of online casinos in Malta. This is a very difficult task because the GVA have long been thought to be the most powerful authority in the area of online gambling.
In spite 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 are not the only ones mixed up in running of the spin casino. The Malta government also plays an integral role in controlling online casinos in Malta. In fact, the GVA has asked the federal government for assurances that it will not interfere in the operational processes at any point.
The Spin Casino management is controlled by Mr. Constantines himself. The exact located area of the casino is unknown at the moment, although it is believed to be in the Malta area. Mr. Constantines will stay in charge of all major decisions regarding the spin casino. He will have final say 우리 카지노 사이트 on all matters pertaining to the casino and it’s maintenance. Mr. Constantines has previously said that he will leave the management of the casino to his son, Dimitri Constantines. This will 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 couple of regulations for the web casinos in Malta. The laws with regards to online gambling in Malta state that all transactions between an individual and an online casino should be done through a licensed dealer. This also states that all fees that are paid by a customer must be deposited in another financial account.
The Spin Casino isn’t licensed to operate an online casino. They do however operate five other casinos in the county including the Bellagio, Grand Casino, Sliema, and the Tarzano Hotel and Casino. The only location in Malta where gambling is totally banned is at the Bellagio. This location is owned by a Canadian company called Intercasino Corporation. This company operates all other casinos in the county. The Grand Casino and Bellagio are managed by 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 believe that the tax revenues that can be generated through online casinos would a lot more than replace the lost revenue that is generated through the licensed casinos. Mr. Constantines has stated that he would like to see the online casinos increase in size so that more income can be generated for the town of Malta. Mr. Constantines has been quoted as saying “If we get this right, this could be the start of the end for Bellagio. We need a bigger casino, a far more profitable one, to greatly help our economy.”
Mr. Constantines appears to have a vision of the future of the spin casino. If he gets his way, the online casinos will soon be a significant player in the web casino world. All of the big players are already associated with the spin casino also it looks as if they could soon be dominating the virtual casino scene in Malta.