The first online casino opened in 1996 and still exists today. In fact, there are several casinos that open the first few years that gambling has been on the internet (and hundreds since), making it one of the most successful online industries ever. But it’s not always a success and easy streets for the online casino industry, because you will immediately see.
Even before Intercasino opened their virtual door in 1996, there were many opposition. Parliamentarians and anti-gambling groups marched to take their pot pot on the opening of the upcoming online casino. But once the High Commission of Antigua and Barbuda in West Indies passed through “trade laws and free processing zones”, the pieces to make a casino history online. They started the distribution of gaming to provide the first official jurisdiction license so that potential operators can now open their online casinos. Because the US and other major countries refuse to provide this license, this is a big part of the history of online casinos.
Fortunately since then, several other jurisdictions have begun to issue licenses throughout the world, including Canada, England and more. But the list stopped from the United States, which was still firmly refused to issue a license.
The first online casino is filled with many skeptics, because sending information such as credit cards, names, and addresses through the internet still meet a lot of suspicion. Online casinos are considered shady or run by a horde. Slow connections mean programs and graphics that are jammed and the lack of quality software providers in the beginner industry meant many platforms were jammed.
Enter cryptologists and microgaming, two pioneers of online casino history. Cryptologic goes out of their way to provide encryption technology to Link W88 online casinos, which means that sensitive information such as credit card numbers are now safe from hackers. Microgaming is one of the first and still one of the best software providers, making sharp graphics and realistic sounds back when these things are still difficult to get online. Cable modems and DSL lines make it faster and more convenient to start downloading software, with fewer delays and connection problems.
All that remains to be done is to get trust, which began to occur in 1999. It was a mikrogaming year, in an effort to show the honesty of most online casinos, reach an agreement with the PricewaterhouseCoopers, one of the most famous and honest accounting companies in the world. PWC agreed to start auditing the percentage payment of online casinos, to prove that they did pay a large amount of money – in many cases, more than Las Vegas casinos.
Because all of these developments, the new millennium started the golden age for online casinos. The first IPO for online casino shares is available, more jurisdictions come online and the first progressive jackpot gives millions to lucky customers. Business is booming.
Immediately after, poker began to dominate air waves, and poker rooms, many were affiliated with online casinos, into all anger. With a boom in online poker space technology, the online casino industry took billions in 2004, with expected benefits going to three times and even Quadruple in 2010.
Unfortunately, there will continue to be more to write about the history of online casinos later. This is because the industry continues to have opposition in many camps, which does not show signs of stop. People like Senator Jon Kyl of Arizona introduced the bill after the bill tried to turn off online casinos, making it illegal for US citizens for them, or at least prohibit US credit cards from being used to fund casino gambling online.