History of Online Casino

In today’s world, the idea of life without the internet seems almost unthinkable. The majority of us have practically become reliant on internet access as part of our everyday lives. It has changed the way we communicate, shop and even transformed how industries market to their audience, with the online casino industry being greatly affected.

Since their beginning, online casinos have grown to be worth billions worldwide, but where exactly did they originate from? In this article, we will explore the history of online casinos and how the industry has evolved.

It’s difficult to pinpoint exactly when online casinos first appeared, however it is commonly believed to have been in 1994, when the island nation of Antigua and Barbuda passed its Free Trade Processing Act. This law granted the Caribbean with the power to provide licenses to companies who were interested in starting online casinos and essentially, spawned a new industry.

Around the same time, the first gambling software provider, Microgaming, was coming into prominence. They were responsible for the creation of the world’s first fully functioning online casino, The Gaming Club (even though other companies have made similar claims). Considering they are still active today, The Gaming Club is labelled as one of the best online casino providers in the business.

In 1995, a company entitled CryptoLogic, who specialise in online monetary transactions, launched InterCasino- one of the oldest online casinos to this day. CryptoLogic have revolutionised the way that transactions work for online casinos; making the process quicker and safer for players. Another significant development in the history of online casinos came after the Kahnawake Gaming Commission was formed in 1996. Owned and run by a Mohawk Indian tribe based in Canada, the commission was formed with the objective of issuing gaming licenses.

Soon after its creation, online casinos sored in popularity. By the end of 1996, there were approximately 15 internet gambling sites in operation and by 1997, there were over 200 online casino, sportsbook and poker sites available, with yearly revenues reaching $1 billion.

Those who are familiar with modern online casinos would be relatively disappointed in what was available back in the 90s. The variety of games were extremely limited, and the software wasn’t nearly as user friendly compared to online casinos to date. However, as more companies gained interest in the industry, the number of casino sites started to grow, meaning the technology gradually became more advanced.

The marketplace for online casinos became rapidly competitive, with many operators trying to become the biggest and the best. Large bonuses to attract new customers become commonplace, with many casinos introducing reward schemes for loyal customers.

Progressive jackpots, multiplayer games and themed slots were some of the main features that aided the growth of online casinos. However, a few still remained reluctant to participate, fearing the online games could be manipulated or would give unfair results.

Although live casinos are rather commonplace now, they were a major development when they were first introduced. Players were able to watch live streams of croupiers and dealers, which proved to be substantially popular. Nowadays, many gamblers prefer to play the live games instead of the graphic-based ones.

In recent years, our reliance on smartphones has caused online casinos to evolve again, with the majority of industry leaders, such as paddy power casino now offering mobile friendly websites and even apps. This is a perfect example of how online casinos are continuing to advance, and there is little doubt there will be further progress in the coming years.

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