The Spin Casino in Malta
Spin Casino claims itself to become a high end internet casino with only the finest quality games available. The website is operated and governed by the CityView Group, an independent trading group located in Malta. A respected 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 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 coupled 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 regarded as 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 small amount of time since its launch. However, not surprisingly, the GVA still has several requests to create before they consider opening an internet casino of these own. Two of the main issues include payment processing and establishing a stable tax base. Although the 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. In fact, 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 exact location 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’ll have final say on all matters 007 카지노 로얄 다시 보기 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 lots of 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; along with other related matters. The Malta Government has released a set of regulations for the online casinos in Malta. The laws with regards to online gambling in Malta state that all transactions between a person and an online casino must be done by way of a licensed dealer. This states that all fees which are paid by a customer should 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 real 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 the casinos in the county. The Grand Casino and Bellagio are managed by exactly 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 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 upsurge in size so that more income 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 have been in need of a bigger casino, a more profitable one, to help our economy.”
Mr. Constantines appears to have a vision of 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 associated with the spin casino also it looks as if they may soon be dominating the virtual casino scene in Malta.