This is from Casinomeister News two years back....
MASTERS OF SPIN?
18 July 2003
Amsterdam based? That could be a problem
We reported on the new "live gambling over the internet" site Masterspin.com in an earlier bulletin, and this week we can build on that information following email exchanges with one "Ori" of "Masterspin Management"
We're not sure where Ori is normally based because his emails originated from Israel, as do those from the casino itself. When asked about that he said that management was in Amsterdam and he was only in Israel "...visiting a sick mother"
Yeah, right. Well, we played along and asked him whether Amsterdam was not a bad choice, bearing in mind that Masterspin allegedly broadcasts from real Eastern European casinos and the Dutch have been prosecuting foreign attempts to access Dutch players?
That seemed to silence Ori. We haven't heard a thing since and that makes us suspicious. He also has not answered our question on how Masterspin technology evades the i2corps-HGN patent (Dr. Ho settled with them last year)
This is what he told us about Masterspin before going into silent mode:
1. They are not broadcasting from a 'casino-studio' as other similar operations have been doing to date, but direct from a section of the Kempinsky and Maxim land casinos in Romania and Bulgaria.
2. They have experienced site problems, apologising for the standard and assuring us that they will be launching a new site next month that will be an improvement
3. There are ambitious plans to expand the concept to broadcast from several other unidentified casinos by the end of the year, including outfits in the Far East , Western Europe and from the Caribbean Islands.
4. They claim, but are coy about giving detail, to be "totally regulated and we are also closely controlled by the local Gaming councils in each country of our Land-Based Casino's."
5. The software is totally proprietary, self developed and patented, they claim. But they have not disclosed their ownership or under which company the patents are held or in which country.
6. They claim to have strong contacts "...with several leading Land-Based Casino Chains" and to be in serious negotiations for JV's with others. None identified.
7. Roulette is the only available game for the moment, but early next year more games will be introduced - they say they want to work with clients, customers and players in order to understand which kind of additional services they want.
8. They do not have any conventional online casinos in their group. - LIVE is their sole focus.