The Spin Casino in Malta
Spin Casino claims itself to be a top quality internet casino with only the finest quality games available. The web site is operated and governed by the CityView Group, an unbiased 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 has 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 would be to build a casino that offers a unique gaming experience coupled 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 as the GVA 플러스카지노 사이트 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 make before they consider opening an internet casino of their own. Two of the main issues include payment processing and establishing a well balanced tax base. Even though GVA is the supervisor, they’re 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. 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 the moment, although it is believed to be in the Malta area. Mr. Constantines will stay in control of all major decisions regarding the spin casino. He’ll have final say on all matters pertaining to the casino and it’s maintenance. Mr. Constantines has previously said he will leave the management of the casino to his son, Dimitri Constantines. This can happen in late 2009.
There are various 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 declare that all transactions between a person and an online casino should 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 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 real location in Malta where gambling is completely banned reaches 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. It is because they feel that the tax revenues which might 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 start to see the online casinos increase in size so that more money can be generated for the town 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 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 major player in the online casino world. All of the big players are already associated with the spin casino and it looks as if they may soon be dominating the virtual casino scene in Malta.