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Where Did They Come From? History of Online Casinos!

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Internet has been in our lives for a long time, and the innovations it brought with itself. Online casinos is one of them, which showed up shortly after internet. In the beginning, the industry was small obviously. However, it grew so much more within 20 years thanks to the opportunities it has provided to its clients. It has become accessible through different ways, which are smartphones, tablets and many more electrical websites. Online casinos has started to provide support on their websites, which attracted more and more gamblers. Let’s take it back a little:

online gambling

The first appearance of gambling websites was around mid 1990s. In 1994, the Caribbean islands of Antigua and Barbuda performed a law, and the law enabled casino gaming companies to get licenses to maintain their businesses.  Microgaming, who supplies online casino gaming software programs, gaming content, and the world’s most trusted provider, developed the very first online gambling software platform.

It was the year of 2001 when the mainstreaming of online gaming industry was started to be seen. It was especially popular among US players, who contributed to the $2 billion the industry generated. Some UK territories as Alderney, Isle of Man and UK territorities gave online casinos licences and governed them.

The UK passed “UK Gambling Act” in 2005 which basically was the most liberal online gambling laws in Europe. However, the situation in the US was not cheering. Unlawful Internet Gambling Enforcement Act (UIGEA) came into force which declared any financial institutions related to online gambling as illegal. Therefore, several companies continued their work outside of US. In spite of all the restrictions, there were over about 2500 online casinos and websites around the world in 2006. The international online gambling company’s worth was about $21 billion in 2008

Naturally, online sportbooks started to open their own casino platforms. It was InterTops who had been the first in 1996, and brought some innovations to the industry. Other top bookmakers followed the success of InterTrops, and created their platforms one by one as well.  You can check out one of the those best casinos and open an account via BET-IBC.

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