The Spin Casino in Malta
Spin Casino 바카라 쿠폰 claims itself to become a top quality internet casino with only the finest 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 thought of the spin casino. He’s got 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 main element 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’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 your community of online gambling.
In spite 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 main issues include payment processing and establishing a well balanced 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 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 exact located area of the casino is unknown at this time, although it is believed to be in the Malta area. Mr. Constantines will stay in charge of all major decisions concerning the spin casino. He’ll have final say on all matters regarding the casino and it’s 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 the event of complaints; along with other related matters. The Malta Government has released a couple of regulations for the online casinos in Malta. The laws in relation 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 also states that all fees that 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 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 the same individual who owns and operates the spin casino.
Many local businessmen and politicians come in favor of online casinos in Malta. Simply because they believe that the tax revenues that can be generated through online casinos would more than make up for 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 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 beginning of the end for Bellagio. We have been in need of a bigger casino, a far more profitable one, to help our economy.”
Mr. Constantines seems to have a vision of the future of the spin casino. If he gets his way, the online casinos will soon be a significant player in the online casino world. All of 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.