The addiction to gambling has gripped the world for centuries. From 100 A.D. till today, the adrenaline rush one gets after rolling the dice is incomparable. The only difference is that the rise of technology has made gambling easily accessible to all and thus more popular. Every day there are more and more gambling sites cropping up on the internet, some of them are listed here https://www.spinathon.co.uk/new-slot-sites/. In this article, the focus is on how history has affected the growth of online gambling. You can find out more about the history of just one game like roulette here.
It was in 1994 that companies were allowed to offer an online casino service. Barbuda and Antigua granted the license after passing the Free Trade and Processing Act. The actual start of online gambling was done by InterCasino. It was the first casino to be approved and the seed to the most successful and popular mode of online entertainment. In the same year, Microgaming was started. It was the first gaming software to power online gambling though by now the scenario has changed drastically.
The software was produced by denizens of Isle of Man. Today, the software provider is known to be the creator of over eight hundred casino games. The long list includes well-known names like poker, bingo and sportsbook. They have produced multiplayer games and games for mobiles. They even created a live dealer version. With the rise of online games came the need for security. The first known company to provide safe and secure online transactions for gambling games was Cryptologic. It was 1995 and Microgaming had launched regular games like blackjack, roulette and craps.
The year that came next saw significant changes in the online gambling world:
• InterCasino took its first actual money wager. Today, it pays over three billion dollars in winnings.
• The Mohawk Territory Kahnawake Gaming Commission was created. It regulated and licensed both land based poker rooms and online casinos.
• NetEnt came into the picture. The Swedish gaming giant brought forwards some of the most innovative games to be ever seen. As of now, the developers have built an extensive repertoire that includes slots, branded games, progressive jackpots, live dealer games and many other card games.
Each year since 96 has seen exponential growth in terms of player numbers and the services offered by the companies. The introduction of Texas Hold’em at the end of the century created blast waves of new gamblers. The last two years of the century saw online gambling revenues reach new heights. More than eight hundred million dollars were earned each year. But it was the turn of the century that really changed the virtual gambling world. Technology bloomed and with it came:
• Multi-player gaming
• Chatting with other players
• Video calling with other players
This made gambling online interactive entertainment. The use of mobiles further enhanced the popularity. Today more than 160 million people gamble online via smartphone to generate revenue upwards of 100 billion dollars!