Going a couple or more decades back in terms of technology, did we ever think that something called as Internet will take the world by storm? Did we ever even dream that things will start having addresses at the world wide web, just like the human residents? Well, it has happened and there are more numbers of www.xyz.com addresses now than anything else. Thanks to the internet, various new industries have sprouted everywhere and are maintaining a flourishing business. One of the businesses that is proliferating at a speeding and an alarming rate is that of online casinos sites.
The establishment of online gambling was made possible due to one single passing of an act; Free Trade and Processing Act was passed in Antigua and Barbuda in 1994. Under the act, companies wanting to provide online gambling services can be granted legal licenses. Thus, the Caribbean island nation got the much needed power to legalize gambling over internet.
Apart from the act, one more significant occurrence happened in 1994. Isle of Man based software development company, Microgaming was established. This was the company that gave rise to the first genuine online casino site, The Gaming Club.
Soon in 1995, another giant Inter Casino by CryptoLogic emerged into the field. This is a company specializing in online monetary transactions. Both these companies played major roles in the early days of online casino games. They worked on the technology to power the games and also for processing online payment transactions. These were the companies, which fuelled the gambling industry, now boasting of making billions of money worldwide.
The 2 casinos sites were an instant hit among the gamblers and soon many more casinos sites cropped up. The market started to get competitive and each operator strived to be better than his counterpart. The quality of the games offered began to undergo improvisations, and the software was also rapidly undergoing changes.
During those days, there were very few games available for a player and the graphics too were very pretty simple. The games were the basic ones, which included casino classics, a few slots and a table game like blackjack. As competition increased, software providers introduced multiplayer games, theme based casino slots, progressive jackpots to cater a wider audience.
Soon, online sports betting was born in 1996. The very first progressive slot was started in 1998 and the first online poker site came into existence in 1999. Things got more and more technology savvy and casinos adapted themselves to smart phones like iOS and Android and tablets like iPad in the year 2012.
From then on, there is no looking back for the casino industry. They follow high standards, allowing users to play exciting and engaging games and win surprisingly huge amounts of money.
The online gaming industry today has earned its reputation by providing trustworthy casinos sites. With big names in the industry coming forward to bring only the best experience to the end user, online casino industry is bound to grow bigger and expand its range while innovating in the technology side by using virtual reality (VR) on their games to give a even more realistic experience.