Brief history on online casino games is a subject all gamers should go through. Gambling, contrary to popular belief among millennials, is not a modern-day game. Instead, gambling has been around for a long time. The difference is that gambling games have become more sophisticated in the current world as a result of technological advancements. Technology has enabled consumers all around the world to enjoy online gambling games and other forms of entertainment that did not exist a few years ago. We’ll explore the intriguing history of online casinos in this piece.
Mid 90s – First Online Casinos Invention
The government of Barbuda and Antigua passed the Trade and Processing Act in 1994, which provided the country the legal authority to grant licenses to authorized enterprises that wanted to operate in online gambling sites. This is the year that the first online casino was established.
Online casino games were conceived in 1994, with the establishment of one of the largest and most prominent gambling software system firms. Microgaming is the name of the firm. The company launched its first internet website, the Gaming Club. However, instead of real money bets, customers may only wager with virtual money.
Two years later, another online gambling platform called InterCasino was launched. This was a game changer for online casino gambling games because it allowed users to gamble with real money on their favourite games.
These two blazed the road for every other online casino to follow.
The Late 1990s: The Popularization of Online Gambling
Following the debug of Microgaming and Cryptologic, many other firms did not waste time in following in their footsteps, and the growth of online casinos became quite quick. By 1997, there were more than a hundred online casino games.
In order to maintain their position at the top, developers began to give loyalty awards, online bonuses, and freebies. This has become the norm for many because it increases the platform’s reference rate. The developers’ competition for attention increased. It also provided a slew of new and exciting features for players, as well as a broader selection of games. In addition to slots, users may also play electronic versions of blackjack and baccarat.
The Early 2000s: Proper Licensing Is Required
As time passed, more and more online casinos were created, resulting in fierce competition in the online casino market. However, the large number of online casinos and intense competition resulted in the emergence of several bogus platforms whose sole purpose was to defraud unsuspecting players.
Two regulatory agencies were established in the 2000s to put a stop to this. To this day, the Malta Gaming Authority and the UK Gambling Commission are the most reputable bodies in the sector.
Online Live Casinos – A Whole New World
With each passing year, new and innovative online casino games become the standard. As developers were required to maintain the material on their platforms improved for the enjoyment of the users.
The quality of online casino games continued to improve, resulting in the development of live dealer games. The live dealer games bridged the gap between internet casinos and land-based casinos.
Casino live dealer games-built casino studios where games were shown live online, giving gamers a true casino experience.
