It is almost hard to believe that the internet has been in full swing for about 20 years now. Of course there have been many changes and advancements since the beginning. Believe it or not, online casinos appeared just shortly after the internet became a more mainstream tool for the public to use and offered a range of popular games, people could even play bingo online.
Online Casinos came into play only several years after the internet was active. In 1994 there were several companies that designed preliminary software for online casinos as well as payment processing systems that were put in place in order to facilitate monetary transactions for online casinos on the internet. Today, the industry keeps changing and developing, and gamblers can even play on mobile casinos.
Intercasino, which is still a very popular online casino claims to be the first online casino that was available for players on the World Wide Web. Microgaming and Cryptologic were also some of the first masterminds behind gaming software and payment systems.
In 2001 a player was the lucky winner of an amount over $400,000 US dollars after playing on a progressive slot game at a Caribbean online casino making this the largest online casino jackpot to be won to that date.
In 2002 that jackpot is wiped with a player taking home over 1.59 Million dollars. In 2003, the eCommerce and Online Gambling Regulation and Assurance (ECOGRA) is created to provide some governing over the online gambling industry.
In 2006 there were over 2600 online casinos or online casino-like websites on the web. That is also the year that UIGEA showed its face and online casinos and any other form of online gambling was banned from the US.
Online casinos continue to thrive on an overall global scale and are likely to continue to do so. Live dealer casinos are a recent development in online casino gaming, gaining traction first in SE Asia and then Europe. Try online casinos with real dealers. However, online gambling, casino and poker in the US is illegal. It's also illegal in other major countries like France and South Korea, and it is rumored that soon it'll be the same in Italy. Only the future will tell what is next in store for online casinos and the industry as a whole.
See also: Playing Cards and Gaming BBC: Online poker industry in turmoil after US indictments BBC: 888 and Bwin shares soar as US betting rivals closed BBC: Can the world of online poker chase out the cheats?.
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