The history and development of the Online Casino

The history and development of the Online Casino

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Modern technologies are rapidly evolving, and those things that even 30 years ago were equal to the fiction, widely used in daily use. Nowadays, world network managed to envelop almost every home, to connect to a network, most people in the world, and in fact since its inception has passed some quarter of a century. With the help of the Internet we communicate, work and play. Today’s article about how the network appeared the first online casino, which gave a huge boost to the crazy gambling industry.

In 1994, the British company Microgaming developed the first platform for network gaming establishments, where it was possible to build a full-fledged online casino. The exact date of release of the first site, which provided Gambling for money is not known, but presumably already in 1996 all over the world about 15 such projects have been registered. Also in 1994, the government of Antigua and Barbuda has issued a bill on which legal basis on the operator can obtain a license for the provision of games of chance from the country. With the advent of the first bookmaker online (1997), major corporations quickly saw the huge potential market in gambling network. That’s when it began, and the rapid growth and the rise of online casinos.

Competition

In 1999, the market of online gambling, in addition to key players, such as Microgaming and of Cryptologic, there was a dark horse – young and ambitious project Playtech. Novice lightning could break into the gaming market, becoming one of the most sought after in the corporate market segment. Due to the serious competition gambling sector has started to develop with even greater speed: in schools began to appear new applications are constantly increased the maximum winnings, and the conditions for the game every day gets better. So in 2001, a record gain was approximately $ 415 thousand., And a year later, someone managed to hit the jackpot in the $ 1.5 million! Today, the amount and $ 10 million is not the limit.

 

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The first problem

In 2003, the total turnover of all online casinos in the world exceeded $ 8.5 billion, most of this amount was obtained thanks to the players from the United States. In the United States for a long time wanted to promote a bill on the regulation of online gambling, but in 2006 the current President George W. Bush has taken even more radical solution – he forbade Gambling on the Internet at the legislative level. Then 3 consecutive years the Democrats did their best to remove this restriction, but they still did not work, and only today outlined some changes in this regard.

Current perspectives

Now “World Wide Web” there are more than 15 thousand. Gambling. The range of services offered at several times the list of available games in land-based casinos. Besides, now in the majority of online casino games there is a section with live dealers, where the real-time mode, you can play the most popular casino games with real croupiers. The newest slot machines have many advantages over the outdated “one-armed bandits”, in which, among other things, laid chic payout percentage, sometimes reaching up to 98%.

 

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In many countries, all online gambling is still prohibited, but in political circles tense debate about legalization because of the desire not to lose millions of dollars of profit. Yes, the online casino has a dark side, plus a lot of people “get sick” Gamblers and online accessibility of services exacerbates the situation on this issue, but for the budget legalization would only be positive.

Without a doubt, the world will increase the number of countries that will remove restrictions and prohibitions on the network gambling in all its forms every year. Yes, the whole business is likely to be under state control, and clear will be trapped in certain legislative framework, but nonetheless, it will protect the players and ordinary citizens, who can not risk a dip in your favorite entertainment.