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HISTORY AND DEVELOPMENT ONLINE CASINO

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Volli Dzhayn
HISTORY AND DEVELOPMENT ONLINE CASINO

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Modern technologies are developing rapidly and those things that 30 years ago were equated with fiction are widely used in everyday life. Nowadays, the World Wide Web has managed to envelop almost every home, connect the majority of the inhabitants of the planet into a single network, and after all, a quarter of a century has passed since its appearance. With the help of the Internet, we communicate, work and have fun. Today's material is about how the first online casinos appeared on the network, which gave a crazy impetus to the development of a huge gambling industry. 

The first "swallows" - the first online casino

 

In 1994, the British company Microgaming created the first platform for a network gambling establishment, on which it was already possible to build a full-fledged online casino. The exact release date of the first site, which provided gambling for money, is not known, but presumably in 1996 around 15 such projects were registered around the world. In the same 1994, the state of Antigua and Barbuda issued a bill under which the operator could legally obtain a license to provide gambling from this country. With the advent of the first online bookmaker (1997), major corporations quickly saw the huge potential of the online gambling market. And then the rapid growth and rise of online casinos began.

Progressive jackpot

A year later, another know-how appeared in online gambling establishments - a progressive jackpot. Thanks to this innovation, the popularity of gambling houses in the network began to grow even more: a certain percentage of the money lost was accumulated in a single prize pool, which subsequently could be obtained by absolutely any player! Potential huge wins excited the minds of gamblers, creating chic ads for fans of excitement around the world.

Competitio

In 1999, on the online gambling market, in addition to major players such as Microgaming and Cryptologic, a dark horse appeared - a young and ambitious Playtech project. The newcomer managed to burst into the gambling market with lightning speed, becoming one of the most sought-after corporations in this market segment. Due to serious competition, the gambling sector began to develop even faster: new applications began to appear in institutions, maximum winnings constantly increased, and the conditions for the game became better every day. So in 2001, the record win was about $ 415 thousand, and a year later someone managed to hit the jackpot already at $ 1.5 million! Today, the amount of $ 10 million is far from the limit.

Current prospects

Now in the "world wide web" there are more than 15 thousand gambling establishments. The range of services offered is several times higher than the list of available games in land gambling houses. In addition, now in most online casinos there is a live dealer section of the game, where in real time you can play the most popular gambling games with real croupiers. The newest gaming machines have many advantages over the outdated "one-armed bandits", in which, among other things, there is a gorgeous payout percentage, sometimes reaching 98%.
In many countries, online gambling is still banned, but there is no debate in political circles about its legalization because of the desire not to miss multimillion-dollar profits. Yes, there is a dark side to online casinos, plus many people are “addicted” to ludomania, and the availability of online services exacerbates the situation on this issue, but legalization will only be positive for the country's budget.

 

 

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