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 unbiased 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 would be 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 was a very difficult task as the GVA have long been regarded as 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, despite this, the GVA still has several requests to make before they consider opening an internet casino of these own. Two of the primary issues include payment processing and establishing a stable tax base. Even though GVA is the supervisor, they are 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 the moment, although it is thought to be in the Malta area. Mr. Constantines will remain in charge of all major decisions regarding 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 can 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 couple of regulations for the web casinos in Malta. The laws with regards 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 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 totally banned reaches 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 are in favor of online casinos in Malta. This is due to they feel that the tax revenues which might 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 that he would like to see the online casinos upsurge in size so that more money can be generated for the town of Malta. Mr. Constantines has been quoted as saying “If we get this right, 모바일 바카라 this could be the start of the end for Bellagio. We need a bigger casino, a 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 online casinos will soon be a major player in the web casino world. All of the big players are already associated with the spin casino and it looks as if they could soon be dominating the virtual casino scene in Malta.