Rise of the Online Gambling Industry

The internet is primarily described as one of the best advantages for the 21st century. The benefit is that the gambling industry is now better off. The online aspect of gambling is one sector that continues to apply the latest inventions of the internet – play Centurion Slot

Before the online gambling industry became refined, there were phases of growth. Let’s preview the rise and development of the online gambling industry. 

At the beginning of the Online Gambling

Online gambling only became live in the mid-1990s. Although internet gambling sites were active, there is a vast difference between then and now. The top gaming sites began operations from the Island of Antigua and Barbuda, the first to issue licenses because of its “Free Trade and Processing Act. 

Games started appearing on online gaming sites when Microgaming, a renowned software provider, was formed. Microgaming produced and released its debut online casino, The Gaming Club. The Gaming Club became operational in 1995. 

CryptoLogic, another casino software company, was also started in the mid-’90s. InterCasino is its first creation which went live in 1996. 

Both companies produced a combined 200 online casino sites, with a number still active currently. In 1997, the online gambling industry was reportedly worth over $1 billion. 

More licensing Bodies

The year 1996 also saw the rise of another reputable regulatory body. An Indian tribe from Canada, the Mohawk tribe, created the Kahnawake Gaming Commission. Among its other missions, it also issued licenses to deserving organizations. 

With this establishment, online gambling became more pronounced in Europe and America. 

The first Gambling Websites

With the foundation set, there are now many iGaming sites. Although many are now out of business, some have been in operation from the start and are still active. 

Here are some brands that started offering online games and are still operating. 

  • Betfair
  • 888 Casino
  • William Hill Casino
  • Party Poker 
  • Poker Stars

As other operators became active, competition for players steadily increased. Since more technological innovations were limited, bonuses, promotions, and reward programs were initiated to supplement the many games offered. 

More features have since been offered, including the games and bonuses. There are now different games, including slots with different types like progressive jackpots. 

Live Dealer

Most players who started with the land-based casinos were not interested in missing the experience of retail casinos. Online casino operators knew they had to do something. In the end, the live casino or dealer was introduced. 

The live dealer was introduced to make players enjoy the excellent experience of playing casinos in a real-life situation while using the features of internet technology. 

Mobile Gambling

Many casino players are tired of logging on to their favorite casino to play games in the current age. With the rise of smartphones and decreasing purchase prices, operators knew they had to optimize their websites to play across mobile devices. 

The mobile casino is now the most popular means of playing casino games. There is now much investment in mobile-friendly games. Many online casinos now offer a native mobile app for their customers to jump on.

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