The significant shift in the history of online gambling can be attributed to the development in internet technology.
No doubt, the internet is one of the top human innovations that has led to rapid development in virtually every area of human endeavors. It offers quick access to entertainment, news, and information, as well as money-making opportunities for any individual with internet-enabled mobile or desktop devices.
The world at large has benefited tremendously from the internet in the area of gambling. It has led to a remarkable shift in the history of gambling. Online gambling has been at the forefront of the newest development in virtual technology.
Now, you can enjoy your favorite game in the comfort of your room via your smartphone, tablet, or PC. Considering the advancement in technology, it is expected that online gambling will continue to get better.
What are the Roots of Online Gambling?
The first gambling website was launched in the mid-1990s. Compared to the top platforms operating today, we can conclude that the online gambling industry has witnessed a remarkable development. The best gambling sites started their operation in the Barbuda and Antigua. These gambling sites were able to spring up because of the favorable Free Trade and Processing Act of the island that gave the small Caribbean nation the power to issue licenses to a business willing to start an online casino.
Microgaming, one of the largest software developers in the industry, became known around that time. This software developer is known as one of the front runners in the online gambling industry’s history. Apart from that, the company has brought a significant change to gambling online.
Up till now, Microgaming is still considered one of the highly-rated and trusted software developers in the gaming industry. Their software is compatible with all types of gambling sites, including casino sites, poker sites, sportsbooks not on gamstop, among others.
Another remarkable event in the history of online gambling occured after establishing the Kahnawake Gaming Commission in 1996. The commission was founded by a Mohawk India tribe located in Canada to issue gaming licenses.
The first online gambling site was launched at the time the establishement of this commission. There are several conflicting information regarding the first online casino. Some suggested that the first online gaming platform was the InterCasino, while others stated that it was the GamingClub developed by Microgaming. The first online casino is still subject to debate.
There was significant growth in the online gambling industry after the birth of the first online platform. There were about 15 online gambling sites at the end of 1996. Before the close of the next year, the industry had exploded with up to 200 casino sites, sportsbooks, and poker sites worldwide.
The Rise of Sports Betting and Online Pokers
The first platform to offer a unique way by which players can bet on their favorite match was the interTops. This gaming platform expanded rapidly following its initial success. Several sports books also sprang up. Ladbrokes and William Hill are some of the top bookies that were launched.
When they first started, they awarded huge bonuses and promotions to gamers; these deals gradually reduced as the market grew.
The first online Poker site was the planet poker; it was the first gambling site to offer poker games in 1998. However, the website was affected by several technical problems and glitches. Dial-up internet services were still prominent in those days; this led to internet speed and download issues.
A handful of poker sites emerged after the failure of Planet Poker. These gambling sites include Paradise Poker, Party Poker, and PokerStars. Paradise Poker was established in 1999, while Party Poker and Poker Stars were launched in 2001.
These platforms come with more advanced features, and they could host a large number of gamers daily. It will interest you to know that Poker Stars and Party Poker became the top gambling site worldwide.
There has been significant growth in online gambling, which is mostly dependent on technological development, especially when it comes to the latest advances in virtual technology. The online gambling industry is still expected to experience significant growth.