The History of Online Gambling
Online pokies have seen a major increase in
popularity over the years. Gone are the days where we would travel across
cities and sometimes provinces to get our online gambling on because, since
there has been a dawn of a new technological era, casino games have now come to
us. Welcome to forever, folks. How online casinos came about dates all the way
back to the year 1994 and in those ancient times, it was referred to as
Internet Gambling. Millennials, take notes as this information involves a time
before you and Boomers, take this time to reminisce a little.
During the earlier days of online casinos
a.k.a Internet Gambling, very few games were included on casino websites which
included the likes of poker and sports betting. According to Wikipedia, Antigua
and Barbuda passed the Free Trade & Processing Act, allowing licences to be
granted to organisations who have applied to open and run online casinos. Before
online casinos, the first fully functional gambling software was developed by
Microgaming in the Isle of Man. This was secured with software developed by
CryptoLogic which is an online security software company and because safe
transactions became viable, this led to the launch of the first online casinos
in 1994.
By the year 2000, the Australian Federal
Government passed a law in the Interactive Gambling Moratorium Act, making
unlicensed online casinos illegal. Within the next year, over 8 million people
joined the online casino scene, regardless of the legal challenges and by 2016,
new estimates of the revenue generated by the online casino industry soared to a whopping $45.86 billion, crushing
that number by reaching $56.05 billion in 2018. Based on these digits, the
possibilities are endless inside online casinos. Online casino gambling has
expanded so much in the 21st century that regular gambling has been
made more convenient for you too – horse race betting included.
There is a wide array of online casino games
available to play since the globalisation of online gaming. In the beginning,
there were only a few casino games available online, mainly poker, sports
betting and bingo. Casinos online grew from that point and have added games
that have revolutionised the online games industry such as keno, scratchcards,
lotteries, online slots, roulette, craps and Texas hold’em. Because of these
additions and advancements in coding languages, the internet gambling sphere
has morphed into a profitable gaming industry that not only rounds up the
online casino gambling community but makes way for you to make money while
having fun.
The legal status of gambling online is still a
grey area in some countries around the world for a multitude of reasons from
taxation laws, constitutional
oppositions, copyrights, patents and more so make sure that the country
that you’re playing from has legalised playing online and that the casino that
you have chosen is fully licensed!
Congratulations! You’ve endured a brief
history lesson on the internet gambling industry! This means that you’ve won
yourself a free education and a chance to choose your casinos wisely! On top of
that, we have made the selection process a thousand times easier by providing
you with a list of popular and legal top 10 online casinos so you can play
smart online.
Online pokies have seen a major increase in
popularity over the years. Gone are the days where we would travel across
cities and sometimes provinces to get our online gambling on because, since
there has been a dawn of a new technological era, casino games have now come to
us. Welcome to forever, folks. How online casinos came about dates all the way
back to the year 1994 and in those ancient times, it was referred to as
Internet Gambling. Millennials, take notes as this information involves a time
before you and Boomers, take this time to reminisce a little.
During the earlier days of online casinos
a.k.a Internet Gambling, very few games were included on casino websites which
included the likes of poker and sports betting. According to Wikipedia, Antigua
and Barbuda passed the Free Trade & Processing Act, allowing licences to be
granted to organisations who have applied to open and run online casinos. Before
online casinos, the first fully functional gambling software was developed by
Microgaming in the Isle of Man. This was secured with software developed by
CryptoLogic which is an online security software company and because safe
transactions became viable, this led to the launch of the first online casinos
in 1994.
By the year 2000, the Australian Federal
Government passed a law in the Interactive Gambling Moratorium Act, making
unlicensed online casinos illegal. Within the next year, over 8 million people
joined the online casino scene, regardless of the legal challenges and by 2016,
new estimates of the revenue generated by the online casino industry soared to a whopping $45.86 billion, crushing
that number by reaching $56.05 billion in 2018. Based on these digits, the
possibilities are endless inside online casinos. Online casino gambling has
expanded so much in the 21st century that regular gambling has been
made more convenient for you too – horse race betting included.
There is a wide array of online casino games
available to play since the globalisation of online gaming. In the beginning,
there were only a few casino games available online, mainly poker, sports
betting and bingo. Casinos online grew from that point and have added games
that have revolutionised the online games industry such as keno, scratchcards,
lotteries, online slots, roulette, craps and Texas hold’em. Because of these
additions and advancements in coding languages, the internet gambling sphere
has morphed into a profitable gaming industry that not only rounds up the
online casino gambling community but makes way for you to make money while
having fun.
The legal status of gambling online is still a
grey area in some countries around the world for a multitude of reasons from
taxation laws, constitutional
oppositions, copyrights, patents and more so make sure that the country
that you’re playing from has legalised playing online and that the casino that
you have chosen is fully licensed!
Congratulations! You’ve endured a brief
history lesson on the internet gambling industry! This means that you’ve won
yourself a free education and a chance to choose your casinos wisely! On top of
that, we have made the selection process a thousand times easier by providing
you with a list of popular and legal top 10 online casinos so you can play
smart online.