It’s hard to remember a time when online gambling such as free spins casino wasn’t so mainstream. The history of online casinos is remarkable for its rapid expansion from the outset, coupled with various gambling laws worldwide.
When the internet became public in the mid-1990s, it opened the door to legalising online gambling. Businesses were instantly interested in this new concept.
On the other hand, paying taxes was a hassle that no one looked forward to. So, the gambling websites began legal operations in Antigua and Barbuda.
This Caribbean nation’s legislature passed a law, the Free Trade and Processing Zone Act, which helped it become the origin of modern internet gaming. That piece of legislation transformed the gambling scene once and for all.
Antigua & Barbuda, unlike the rest of the world at the time, was pleased to grant gambling licences. Countries and governments couldn’t avoid what seemed like a very profitable venture. Probably not for very long.
Following the establishment of the Caribbean legislature, the Kahnawake Gaming Commission was established in Quebec. In the last several decades, more jurisdictions have joined the ranks.
In the mid-1990s, there were already a dozen gambling websites to choose from, and new ones were shooting up like mushrooms after rain. More than two hundred internet poker rooms, sports betting venues and other gambling establishments existed before 1998.
Only few internet casinos existed at first. In 1996, InterCasino became the first of its kind and is still available on the market today.
While it’s impossible to pinpoint the earliest online slot machine, just a handful of options were available at the advent of internet gaming.
In 1994, Microgaming was the 1st company to hop on the gravy train. Over 700 games have been created by n since it began the provider so far, transforming its innovative idea into what is now known as the online casino.
Poker rooms included a wide variety of tables, often used as a testing ground for aspiring professional poker players. Another emerging trend was the surge of well-known poker players playing online games.
Some platforms could accommodate more players, while others were crushed if they failed to live up to expectations. Party Poker and PokerStars were the most well-known poker rooms at that time. Due to the satellites, the latter gained popularity in a short period of time.
What Does The Future Entail?
When it comes to innovation and development, gambling and technology are inseparable. As the popularity of online gambling grows, so does the need for a top-notch user experience.
Technology will certainly play a significant role in the future expansion of the casino business. However, it isn’t always possible to foresee the trend only based on the most recent developments in the field. Land-based casinos and their online versions will play a major role in the future of the gambling industry. Online versions, on the other hand, will expand in scope and variety with time.