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 website 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 thought 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 provides 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 is responsible for the regulation of online casinos in Malta. This is a very difficult task as the GVA have long been regarded as 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 small amount of 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 well balanced 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 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 this time, although it is believed to be in the Malta area. Mr. Constantines will remain in control of all major decisions concerning the spin casino. He’ll have final say on all matters pertaining to the casino and it’s really 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 many 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 case 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 declare that all transactions between a person and an online casino should be done by way of a licensed dealer. This states that all fees which are paid by a customer must be deposited in a separate financial account.
The Spin Casino is not 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 completely banned is at the Bellagio. This location is owned by a Canadian company called Intercasino Corporation. The corporation 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 are in favor of online casinos in Malta. Simply because 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’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 온라인 카지노 사이트 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 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 into 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 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.