The Spin Casino in Malta
Spin Casino claims itself to become a top quality internet casino with only the best possible quality games available. The web site is operated and governed by 엠 카지노 the CityView Group, an independent 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 key to success with any casino business would be 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’s in charge of the regulation of online casinos in Malta. This was 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 their own. Two of the main issues include payment processing and establishing a well balanced 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 a key role in controlling online casinos in Malta. Actually, 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 exact located area 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 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 that 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 set of regulations for the online casinos in Malta. The laws with regards to online gambling in Malta declare that all transactions between an individual and an online casino should be done through a licensed dealer. This states that all fees that are paid by a customer must be deposited in another 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 very 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 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 believe that the tax revenues that could 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 he would like 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 beginning of the end for Bellagio. We need a bigger casino, a far more profitable one, to help our economy.”
Mr. Constantines seems to have a vision into the future of the spin casino. If he gets his way, the web casinos will soon be a major player in the online casino world. All the big players are already involved with the spin casino and it looks as if they may soon be dominating the virtual casino scene in Malta.