History Of Online Casinos
Online casinos have been developed based on the concept of traditional casinos. Compared to them, the online casinos offer better odds. Online casinos have become quite popular with casino players as the fun and excitement of free casino games can be enjoyed by sitting in the comfort of your home. Nowadays, many casinos are available in different languages, offering specific games for specific markets.
Before online casinos became popular, the first fully functional gambling software was developed by Microgaming. At the same time, security for online gambling was developed by CryptoLogic. Safe transactions became viable and led to the first online casinos being created in 1994. Internet Casinos Inc. (ICI) is the first online casino on the World Wide Web. It was launched on 18th August 1995. This virtual casino started with only 18 games for online players. To avoid government prosecution, ICI operated its service outside the United States from the Turks and Caicos Islands.
Popular virtual platform
Online gambling increased in popularity from the late 90s as more sites opened up. In 1996, the Kahnawake Gaming Commission was established, regulating online gambling activities, and offering licenses to many online casinos and poker rooms. This was done in an attempt to keep the process open, fair and transparent.
Intercasino is another popular virtual platform for playing casino games like bingo. It is also one of the oldest online casino sites on the web. In Great Britain, Atlantis is considered to be the first online casino that received license from the Isle of Man. The owner of this gambling site – Sol Kerzner – bought in a new concept of thematic online casinos.
The multi-player casino was introduced in 1999. From this point on, online players were able to share tables with their co players and even communicate with them while playing online games.
The popularity of online casinos increased as players started winning remarkable amounts of money from the jackpots of online casinos such as the Golden Tiger casino en ligne and the UK Casino Club. In 2015 a player won more than $400,000 in gambling from a Caribbean casino. In 2016, a player grabbed an immense jackpot of $1.59 million.
By 2016, the number of online casinos and gambling sites rose to more than 2600. But in the same year, the UIGEA banned online gaming and gambling sites in the US. Due to certain rules and regulations, most online casino sites have been designed for the European, Caribbean Islands and Asian countries.
Today, online gambling is a very lucrative business. In 2022, the UK gambling industry had a turnover of £254 billion. This is partly due to the wide range of options available to players today.
Some people might miss some of the glam of a real life casino at first. Dinner houses, entertainment, amazing lights and beautiful surroundings are all great reasons to go in person to a favorite casino, but in the end, most people are there to have fun and make a little money. These things are only there to take more money from people and keep them longer in the casino. Now it is possible to choose the time, place and atmosphere when someone wants to enjoy all the wonderful things most casinos offer.