Online Gambling History
The very first online casino launched in 1994, when Antigua and Barbuda launched their Free Trade & Processing Act. This was the very first online gambling legislation and led to the launch of the very first online casinos.
The first online gaming software was also developed way back in 1994 by Microgaming, an Isle Of Man software company, which is still going today, with many casinos, bingo sites and poker sites.
After that 1996 saw the Kahnawake Gaming Commission launched regulated online gaming activity. During 1996 there were just 15 online gambling websites, by 1997 there were 200, leading to absolutely massive growth. By 1998 it was estimated that gambling revenues online exceeded $830 million.
By the year 2000, more online casinos launched, including several popular well-known companies such as 888. By 2008, the industry had ballooned to an estimated $21 billion of revenue.
Online Gambling Games
Casinos: Casinos are the most well-known form of gambling. They provide many different games variations, including table games like blackjack and roulette, to slots games where players can spin the reels. Jackpots can be plentiful too! There are plenty of online casino millionaires, however for every winner, there is probably 2 losers.
Poker: Online poker is perhaps the only skill based game where players can win money online. If you are good at casino games it makes no difference since the odds are fixed. If you are good at poker, you can use your superior skill and computation of odds and probabilities to beat a novice player and take their money. There are hundreds of different poker tournaments each year and again, many players have become millionaires, it just depends on how good you are at the game.
Bingo: Online Bingo is most popular in the UK, since other countries haven’t adopted it yet. Players play completely random games, so everyone has the same chance of winning. Bingo, unlike other games, is primarily played by women, making it the only female friendly gambling game online. During the last few years, hundreds of bingo sites have launched, with many popular brands such as Foxy Bingo and JackpotJoy popping up to become household names.