The Spin Casino in Malta
Spin Casino claims itself to become a high end 모바일 카지노 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 leading internet poker player and gambling enthusiast, Peter Constantines were the individual behind the idea 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 is to build a casino that offers 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 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 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, not surprisingly, 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 stable tax base. Even though GVA is the supervisor, they’re not the only ones involved in the 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 you won’t interfere in the operational processes at any point.
The Spin Casino management is controlled by Mr. Constantines himself. The precise location of the casino is unknown at the moment, although it is thought to be in the Malta area. Mr. Constantines will stay 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. 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; and Other related matters. The Malta Government has released a couple of regulations for the web casinos in Malta. The laws in relation 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 which are paid by a customer must be deposited in a separate 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 real location in Malta where gambling is very banned reaches 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 exactly the same individual who owns and operates the spin casino.
Many local businessmen and politicians come in favor of online casinos in Malta. For the reason that they feel that the tax revenues which might be generated through online casinos would a lot more than replace the lost revenue that is 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 town 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 greatly 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 major player in the web casino world. All of the big players are already involved with the spin casino also it looks as if they could soon be dominating the virtual casino scene in Malta.