The Spin Casino in Malta
The Spin Casino in Malta
Spin Casino claims itself to be a top quality internet casino with only the best possible quality games available. The website is operated and governed by the CityView Group, an unbiased trading group based in Malta. A leading 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 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 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 because the GVA have long been thought to be the most powerful authority in the area of online gambling.
In spite of this, the spin 카지노 추천 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 their 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 it will not 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 thought to be in the Malta area. Mr. Constantines will remain in control 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. 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; along with 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 state that all transactions between a person and an online casino should be done through a licensed dealer. This states that all fees that are paid by a customer should be deposited in another financial account.
The Spin Casino is not 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 location in Malta where gambling is totally banned is at the Bellagio. This location is owned by way of 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 individual who owns and operates the spin casino.
Many local businessmen and politicians come in favor of online casinos in Malta. It is because they believe that the tax revenues which might be generated through online casinos would a lot more than replace the lost revenue that’s generated through the licensed casinos. Mr. Constantines has stated he would like to start to see the online casinos increase in size so that more 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 need a bigger casino, a far more profitable one, to 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 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.