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History Of Online Casinos

History of online casinos in ireland

It’s 2019, and you have to agree that the idea of modern life without the internet is almost unthinkable.

May 06, 2021 Today, online casinos offer more variety and better odds than land-based casinos. Since Playtech launched the first live dealer games in 2001, online punters can enjoy the total casino experience. The field of online casinos is one environment that has greatly benefited from the internet. Yes, if one business is at the forefront of the new technical developments, that is the field of online gambling. While the history of online betting has been a little reviewed, the industry has continued to expand over the last decade and is predicted. Brief History Of Casinos. The Birth Of Modern Casinos. Contemporary casinos can trace their roots across the Atlantic all the way to 17th century Italy. In 1638 a venue in. Gambling On The Frontier. The Birth Of Las Vegas. Logging On For Excitement. Apr 13, 2014 History of online casinos: infographic. 13th April 2014 by RightCasino 2 mins read Category: Features. This infographic from RightCasino reveals how online gambling has evolved into a $35 billion annual market, in just 20 years! It might be hard to believe but iGaming has been in existence since around 1994. That was the year when the Caribbean. Today, online casinos offer more variety and better odds than land-based casinos. Since Playtech launched the first live dealer games in 2001, online punters can enjoy the total casino experience.

The internet is more or less two decades old, which means there is an entire generation of people that have never known life without this commodity. They can’t even imagine how it was when the World Wide Web didn’t exist. As long as the internet has been popular there has been online gambling.

The internet has given way to many online businesses, among which for the gambling industry. Today, there are sites dedicated to online gambling from almost every country in the world. These range from an online casino and sportsbooks to informational portals that give info for sites from all over the world.

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Gambling was enjoyed as far back as the Roman Empire, but its immediate evolution into the mainstream began in the Wild West when cowboys played poker, roulette and blackjack in the first American casinos, while today it is enjoyed on handheld devices all over the world.

History

The early days: 1990s

Online gambling businesses started appearing in the 1990s. It was a time when the internet was taking off commercially, which was used for the transfer of many land-based industries into the virtual world. The gambling industry was one of the first to reap the benefits.

The first ever online casino is thought to have been born in 1994, although there is no solid fact on the internet as to which casino this was and whether it exists today. We do know that Microgaming, a giant casino software developer in the online gambling industry helped the launching of the first ever online gambling site together with Cryptologic. It was the year when one of the first offshore licensing jurisdictions, Antigua & Barbuda, passed its Free Trade & Processing Act, which allowed for online gambling sites to acquire a license and open offices there. Today, this licensing jurisdiction is associated with rogue online casinos.

Within just one year, from 1996 to 1997, the number of online gambling sites increased from 15 to 200. The popularity of gambling websites has been on an upward trajectory ever since.

Back then the games were crude for today’s standards, but efficient for the standards of the 1990s. They certainly were not as a regulated as today when there are almost a dozen third-party auditors and organizations that keep the standards in place. No wonder that the first online casinos never managed to stay alive up until today. The oldest today in operation are from 1997 or maybe 1996, but only a couple of those exist.

In 1998 the first online poker sites emerged. Even as early as this the online casino market was said to be worth $830 million. Then in 1999 multiplayer online gambling was introduced, opening up interactivity between players and can be said to have led to the current trend of MMORPGs, a billion dollar industry with no signs of stopping.

Transition to modern times

Since then there have been many sites that left a particular impression on the industry. Some of them evolved, some regressed and are known today as the bad eggs in the industry. Those that are at the very top today have utilized the modern technology to the fullest offering top-notch websites optimized for every mobile device imaginable without having to download a casino app and still be able to run as good as if it was accessed through a native app.

Those unfamiliar with the happenings over 20 years ago would be disappointed with the way the games looked and the functionality of the software. It was nowhere near the range available today, but it was still an impressive feat, having to play real-money casino games directly from your home. Now you can play casino games, from sites like online casino Malaysia, whenever and wherever you like.

The market became very competitive very quickly. As new operators were appearing in the 2000s, offers evolved, bonuses grew, the games were improved, and loyalty schemes were introduced. Online gambling sites were constantly improving their features.

Soon big progressive jackpots surfaced, multiplayer games were developed, themed slots and live casinos became a thing and everybody was getting into online gambling more and more. The mobile casinos available today are probably the cherry on the top. Being able to gamble online on your smartphone or tablet wherever you went was something that the hardcore players were dreaming of ever since the first iPhone appeared.

Poker players are maybe the most satisfied customers, having the chance of getting entrance into the World Series of Poker tournaments by winning satellite competitions at the biggest online poker networks.

The online gambling industry generates billions of dollars annually, but still there are some countries that don’t want to regulate it mainly because of the close ties of the legislators with the land-based casino industry. This case was the most notable in the USA. Nevertheless, even there with the attempts to legalize online gambling things are getting hopeful. Online gambling is estimated to be worth over $56 billion as of 2018 and the USA would certainly like a slice of that pie!

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While land-based casinos and the games offered there have a tradition of decades, even centuries, the online gaming industry has developed very highly in a very short time. The first land-based casino is guaranteed from 1765, the first online cookiecasino appeared on the market about 200 years later.

The year is 2016 – today the online casino industry celebrates its 21st birthday. Any other industry would still be in its infancy at this age. But online casinos are different: After a rather hesitant start at that time, in less than two decades it has developed into a multi-million dollar industry that is significant on the entire global market. Moreover, online games prove to be very flexible and can adapt to any culture and any perception of technology.

Three main factors have allowed such rapid development:

The first was the development of gaming software, which was first used in land-based casinos in the 1970s. Another was that computers learned to network – via the Internet. Thus, only one gaming computer could be operated by many users. The third factor: a global regulatory authority was established in 1994. The rest is history.

Even though the technology for online games had been available since the beginning of the Internet, the first game providers were only able to start in 1994. That was the year in which the “Free Trade and Processing Act” was passed in the Caribbean Islands – the first law to define and legally establish online casinos as such. Thus, the “Gaming Club” and the “Intercasino” opened their doors in 1995 and 1996, followed by a large number of portals, most of them in the first years of this millennium. Today well-known platforms such as the “Spin Palace Online Casino” were opened around 2002.

In the years 2015/16, very young and innovative online casinos are emerging and let us guess that the world of online casino has not seen everything yet. Pioneers are casinos like Casino Heroes, Spinit, or even Wunderino.

If you want to leave the table as a winner, you need to know how best to manage the money in an online casino.

The software giant “Microgaming” was the first of its kind to discover the online casino industry for itself. This company developed a variety of casino games that could be easily downloaded to PCs and laptops, serving players around the globe. Cryptologic was founded as a competitor. This resulted in many gaming applications and platforms that generated high profits and motivated other entrepreneurs to join the industry.

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Nothing could now stop the rapid rise of online casinos as a whole – new ideas and gaming software outdid each other in terms of the best possible player comfort and outstanding entertainment value. In addition, the Internet developed from a dial-up system to data highways – so the technology of online casinos could be developed even more versatile, faster and better. Every advance in information technology also brings further, still unforeseen opportunities for the gaming industry.

The online casinos of the first hour were portals that only bet on slots, each with only one variation and no bonus offers presented. At that time, the respective CEO was still specified as the customer contact. Today, every single company is a million-dollar business with hundreds of slots, single and multiplayer versions of every game, high-quality bonus offers and many promotions to attract new customers for an increasingly crowded market. Of course, each of these companies has a multilingual and highly qualified customer service.

History Of Online Casinos In Ireland

Nowadays, every possible player has his or her personal favorite casino at his or her disposal, where he or she can chat lively about moods with other games and, if necessary, contact the dealers working in real time. Moreover, it is possible to play from any location: Smartphones and mobile phones make this possible with direct Internet access from anywhere. There are supervisory institutions and worldwide discussions about even more precise legal frameworks.

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Year after year, technical development is now progressing – the world of online casinos is becoming more exciting and complex. It is almost a miracle how far this industry has developed in just a few years. With pride, those involved can always remember this – and look forward to the future with great anticipation.