A Little History
Online gambling is among the several games that have little information about their past. Actually, the history of online gambling is known to start from 1994. During this year, the government that was in control known as Antigua Barbuda passed an act. This act was to allow free trade and processing. When the act was passed, it became a law which allowed the issuing of gambling licenses. When issuing of gambling licenses was made legal, it stimulated the start of online gambling. When online gambling started, it progressed to become a well established industry.
During this year, many things were developed such as Micrograming, which is software for online gambling, was established. This was a very good development for online gambling. In 1995, a development of systems by Cryptologic would allow carrying out of safe transactions while online. This was a very good advance in technology which led to the start of an online casino known as Intercasino which was started on 18th August, 1995. When Intercasino commenced operation, it offered eighteen casino games. However, it did not have any money bet. The money bet was started in 1996.
Online gambling faced a lot of legal opposition but it still made a lot of development in this industry. After a duration of only three months since the development of Intercasino, another development was made. An online casino website (888.com) was launched by the Cassava Enterprises which were owned by partners from Israel known as Avi & Aaron Shaked and Shai & Ron Ben-Yitzchak. This website, which was launched by these partners, has become the largest casino website in online sites. There was another development in the gambling industry where a jackpot slot machine known as the Cash Splash was established by the e-gaming software company Boss Media and Microgaming. These websites provided many people with a chance to have a wonderful experience in gambling.
Many countries began realizing the potential of online gambling both economically and socially by the year 2000. It lead to a number of countries legalizing online gambling sites. When these countries legalized online gambling, the gambling standards were raised and other exciting features were introduced. Some of the countries which legalized online gambling sites include Europe, Asia, Australia, Caribbean and the USA.
The acceptance of online gambling had reached its peak by the year 2005. Many people were playing online casino games and competing for different prizes. Most of the online gambling audience was residents from the USA. A lot of developments were occurring online gambling.
In the year 2006, the online gambling industry started facing challenges. This industry was facing a legal battle which it lost to the USA. When USA worn the battle, an act was made into law which made online gambling illegal for its residents. Even though this law was enacted, it faced a lot of opposition since online gambling was a very established industry.
Predictions from the online gambling industry are that gambling is going to improve as more and more developments are taking place. Due to these developments, they are going to attract more people to join the industry. Therefore, you can expect a lot from this industry.
Each gambling experience has specific requirements which you will learn about later. You can learn through the banking options or when you are the main player.
You can find exciting history of inline gambling by visiting our industry time line page.