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History of Online Casinos from seo's blog

The very first online casino opened in 1996 and is still around today. In fact, there are several casinos that opened the very first several years that gambling has been on the Internet (and hundreds since), rendering it one of the very most successful online industries ever.꽁머니 Nonetheless it wasn't always success and easy roads for the web casino industry, as you will soon see.Even before InterCasino opened their virtual doors in 1996, there is a lot of opposition. Lawmakers and anti-gambling groups lined around take their pot shot at the upcoming online casino openings. But when the High Commission of Antigua and Barbuda in the West Indies passed the "Free Trade and Processing Zone Act", the pieces were in position to produce online casino history. They started the Division of Gaming to give out the very first official jurisdictional licenses in order that potential operators could now legally start their online casinos. Since the US and other big countries refused to give out these licenses, this is a huge part of online casino history.

Luckily since that time, other jurisdictions have started issuing licenses all around the world, including Canada, the UK and more. But that list stops lacking the United States, which still steadfastly will not issue licenses.The first online casinos were met with a lot of skepticism, as sending information like credit cards, names and addresses online was still met with a lot of suspicion. Online casinos were regarded as shady or run by the mob. Slow connections meant stalled programs and graphics and deficiencies in quality software providers in the fledgling industry meant a lot of stalled platforms.

Enter CryptoLogic and Microgaming, two online casino history pioneers. CryptoLogic went out of the way to offer encryption technology to the web casinos, meaning that sensitive information like charge card numbers were now safe from hackers. Microgaming was among the first and still one of the greatest software providers, making crisp graphics and realistic sound back when these specific things were still hard in the future by online. Cable modems and DSL lines caused it to be faster and more convenient to begin downloading software, with less lag and connection problems.

All that has been left to complete was to earn trust, which started happening in 1999. Which was the year that Microgaming, in an endeavor to show the honesty of most online casinos, struck an agreement with PriceWaterhouseCoopers, one of the very most famous and honest accounting firms in the world. PWC agreed to begin auditing the web casinos' payout percentages, to prove they did indeed payout large sums of money- in many cases, significantly more than Las Vegas casinos.

As a result of most of these developments, the brand new millennium started the Golden Age for online casinos. The first IPO for online casino stock became available, more jurisdictions came online and the very first Progressive Jackpots awarded millions to lucky customers. Business was booming.Soon after, Poker started to dominate the airwaves, and Poker Rooms, many associated with online casinos, became all of the rage. With the boom in online Poker Room technology, the web casino industry took in billions in 2004, with profits anticipated to triple and maybe even quadruple by 2010.

Unfortunately, there may continue to be much more to write about online casino history later. The reason being a continues to possess opposition in lots of camps, which shows no sign of stopping. People like Senator Jon Kyl of Arizona introduce bill after bill wanting to power down online casinos, make it illegal for US citizens to play at them, or at the very least ban US credit cards from used to fund online casino gambling.Though none of the measures has ever passed, they continue to be introduced. With the surge in popularity lately, though, it generally does not look like they will make much headway. Hopefully, which means that the next chapter of online casino history has more bright spots than legal ones.


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By seo
Added Jun 16 '22

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