Online casinos can be seen everywhere, and it can be said that players all over the world have hundreds of online casinos to choose from. But how many people know the development history of this relatively new form of entertainment? The first country that recognized the potential of online casinos and started online casino management was Antigua and Barbuda in the Caribbean.
If people want to enjoy these casinos, they must first develop games, and a number of software companies have emerged. One of the well-known software companies is Microgaming, which started working in this industry in 1994 and is still growing. They have more than 600 casino games, many of the largest casino sites are using their games, and this number is constantly increasing.
Just a few years after the launch of Gaming Club, a large number of online casinos appeared, generating approximately $843 million in revenue in 1998. However, technical limitations prevented many potential players from joining. The old dial-up connection is the main problem. Many people don’t want to download software before playing games. The emergence of broadband Internet has brought a reversal of this situation. Without players downloading any software to the computer, the casino can directly provide smooth, high-quality games. In the past 5 years, mobile networks have also undergone breakthrough development, which has promoted the development of casinos on mobile devices. Players can play casino games on mobile phones and tablets.
Some commercial street betting companies that provide telephone betting services quickly saw this opportunity provided by online casinos and began to develop casinos, poker rooms and sports betting. One of them is Intertops, which was launched in 1983 as a betting company. The casino they own is one of the largest online casinos, providing more than 4,000 sports betting to users in about 180 countries every day.
Poker sites had many problems in the early days, and connecting all players was much more complicated than dial-up connection processing. Poker Planet did not become popular until the beginning of 2000 when some websites like PokerStars, Party Poker and Paradise Poker started to be established. Party Poker was very successful, and its head office was listed on the London Stock Exchange in 2005. But in the same year, due to legal issues faced by all online gambling companies, they encountered setbacks in the US market.
One year the US government decided to ban all online casinos that are not in the United States. The court’s ruling was that the law was not passed. But since then, the judgment about whether the casino is legal has been a little confused. For safety reasons, many operators directly abandoned the US market. In fact, no one has been prosecuted for providing online gambling games to American citizens, and today many people have indicated that they should welcome and support the gambling industry, whose taxes can drive the growth of government treasuries.
Several other countries have fully legally regulated online gambling, including the European Union and South Africa. However, not all casinos are going well. Russia banned all forms of online gambling in 2010.
The entire industry is maturing. There are a large number of casinos listed on various securities transactions around the world, and the gambling industry is gradually being recognized as another form of entertainment. With strict rules and regulations, malicious spam casinos are also greatly reduced.
The development of online gambling has also allowed traditional on-site casinos to put online games on the shelves to help maintain customers. From Las Vegas to London to Macau, billions of dollars have been invested in this industry, providing more choices for casino players who like to play games.