The Spin Casino in Malta
The Spin Casino in Malta
Spin Casino claims itself to be a high end internet casino with only the best possible 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 person behind the idea of the spin casino. He has personally managed and developed numerous websites including a lot 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 is to build a casino that offers 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’s in charge of the regulation of online casinos in Malta. This is a very difficult task as the GVA have long been thought to be the most powerful authority in the area 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 make before they consider opening an internet casino of their own. Two of the primary issues include payment processing and establishing a well balanced tax base. Even though GVA is the supervisor, they are not the only ones involved in the 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 precise located area of the casino is unknown at the moment, although it is 베스트카지노 thought to be in the Malta area. Mr. Constantines will remain in charge of all major decisions concerning the spin casino. He will have final say on all matters regarding 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 can happen in late 2009.
There are several 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; along with other related matters. The Malta Government has released a couple of regulations for the online 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 by way of 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 use 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 real location in Malta where gambling is totally 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 believe that the tax revenues that may be generated through online casinos would a lot more than make up for the lost revenue that is generated through the licensed casinos. Mr. Constantines has stated he would like to start to see the online casinos upsurge in size so that more income can be generated for the town of Malta. Mr. Constantines has been quoted as saying “If we understand this right, this could be the beginning of the end for Bellagio. We need a bigger casino, a far more profitable one, to greatly 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 major player in the web casino world. All the big players are already involved with the spin casino and it looks as if they could soon be dominating the virtual casino scene in Malta.