The Spin Casino in Malta
Spin Casino claims itself to become 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 leading 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 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 xo 카지노 the Malta Gaming Authority, who is in charge of the regulation of online casinos in Malta. This is a very difficult task because the GVA have long been regarded as the most powerful authority in your community 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, despite this, the GVA still has several requests to create before they consider opening an internet casino of their own. Two of the primary issues include payment processing and establishing a stable tax base. Although the 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. In fact, the GVA has asked the federal 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 exact location of the casino is unknown at the moment, although it is 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 pertaining to the casino and it’s really maintenance. Mr. Constantines has previously said 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. These 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 the event of complaints; and Other related matters. The Malta Government has released a set of regulations for the online casinos in Malta. The laws in relation to online gambling in Malta declare that all transactions between an individual and an online casino must be done through a licensed dealer. This states that all fees which 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 location in Malta where gambling is completely banned reaches the Bellagio. This location is owned by way of 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 individual who owns and operates the spin casino.
Many local businessmen and politicians come in favor of online casinos in Malta. The reason being they feel that the tax revenues which can be generated through online casinos would a lot more than make up for 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 get this right, this could be the beginning of the end for Bellagio. We are in need of a bigger casino, a 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 of the big players are already associated with the spin casino also it looks as if they may soon be dominating the virtual casino scene in Malta.