The internet has made it possible to play online casino games without actually having to go to an actual physical location. This makes gambling easier than ever before. Online casinos for real money have come a long way from the days of their conception. They’re now a mainstay in the world of gambling and entertainment. The best real money online casinos you could find on realmoneycasinoonline.ca.
Online casinos have been around since the dawn of the Internet. However, it wasn’t until the mid-90s that the industry really took off. The history of online casinos for real money stretches back decades. Learning about this history can help you to understand why they’re so popular today. The question is, ‘what makes them different from brick-and-mortar casinos?
What’s the genesis? How did online casinos turn into a multi-billion dollar industry? This article provides an overview of the history of online casinos and how they came to be such an important part of our global society today.
The Beginning of Online Casinos
When the internet became public in the mid-1990s, the door was opened to legalized online casinos for real money. The new concept immediately piqued the interest of a lot of people. However, paying taxes wasn’t something punters would have loved to see as it didn’t excite them.
Antigua and Barbuda was where the first legal gambling websites were established. The Free Trade and Processing Zone Act of this Caribbean state was what made it the birthplace of contemporary internet gaming. The gaming scene was forever altered by this simple piece of legislation.
Antigua & Barbuda, unlike the rest of the world at the time, was pleased to provide gambling licenses. Other countries and governments, on the other hand, couldn’t help but latch in on what was appearing to be a highly lucrative business.
Following the establishment of the Caribbean legislative, the Kahnawake Gaming Commission was established in Quebec, Canada. Over time, more jurisdictions joined the ranks.
The Pioneer Gambling Sites
In today’s world, there are so many gambling websites on the internet. In fact, it’s becoming increasingly difficult to keep track of them all. Many of these casinos are still in their infancy. While some casinos have been around for a few years and have since gone out of business, others are making headlines daily for the good reasons.
Over the decades, there have been gambling sites that have stood the test of time and proven to be reliable. Some of the industry’s pioneers and leading online gaming casinos include the companies:
- BetFair
- 888 Casino
- Party Poker
- William Hill Casino
The Growth of Mobile casino games
It’s hardly unexpected that mobile casino games have become a significant trend in today’s environment. Now, almost everything on the internet is targeted towards mobile consumers. Even though mobile casino games were not introduced until nearly a decade after internet gambling, they have quickly become a hit in the business.
Playtech was the first company to provide mobile casino software, and it came just as smartphones were becoming popular. Several other software providers have emerged. You’ll find Microgaming, NetEnt, Evolution Gaming, Play’n Go, and more. Most of the reputable online casinos now provide mobile-friendly websites and downloadable mobile applications to make gaming more convenient for mobile customers. We anticipate seeing the overall standards of mobile gaming software continuing to improve in the next years. The new casino options will increasingly appeal to this fast-changing demographic.
Gambling Laws: Now vs Then
Many countries’ internet gambling regulations remain murky to this day, as they have been since the beginning. Gambling on land-based and online establishments is legal in the United Kingdom and Denmark; whereas in countries like the United Arab Emirates and Qatar, it is illegal. For Canadians, the legality of internet gambling is still up in the air, although it isn’t completely forbidden.
What is the future of online gambling?
It’s pretty easy to see that gambling is a global, ever-expanding business. It doesn’t matter whether it’s land-based or online casinos. People like to gamble and there is no shortage of opportunities to do so. The prevalence of gambling shows no signs of slowing down. Government regulations must be willing to enable the industry to thrive; businesses, too, should be ready to invest in it. Cyberattacks should not be a worry for the players.
With many countries now legalizing online gambling in some form or another, it seems highly likely that we’ll continue to see rapid growth in online casinos and other types of gaming for years and decades to come.
