Mar
23rd

Online Casino History

An Overview on Online Casino History

Online casinos began in 1996 with the aim of bringing the much loved casino games to millions of people around the world right into their very homes. The road to the creation of online casinos is not that easy since, even before the games were launched, a lot were opposed to it. All of these were stopped eventually with the signing of the Free Trade and Processing Zone Act that allowed online casinos to become a legal entity in the internet world even though some large and powerful countries still refuse to make online casinos legal. Eventually, United Kingdom and Canada allowed the online casinos to become legal in their area. Still the United States remained adamant with its stand that online casinos should not be given any licenses to operate.

Problems Encountered

The first online casinos proved to be a bit shady in the eyes of most of its customers since the companies are requesting sensitive information over the internet, and there was no way for them to know whether it will remain confidential. There was also the problem of internet connection as well as poorly run software programs. All of these worries were addresses by two of the pioneers in the online casino industry namely, Microgaming and Cryptologic. Cryptologic aimed to deliver to online casinos an encryption program that will protect its users whenever they are giving information against infiltrators. Microgaming, on the other hand, provides online casino websites a clear, crisp and definitely up-to-date graphics and sound effects to make the games appear more realistic than before. The new release of cables and DSL allowed online casinos to download faster.

Since online casinos are dealing with payouts as well, Microgaming partnered up with PriceWaterhouseCoopers, which is a firm that handles most accounting tasks and is well known among the industry. The firm makes sure that the percentages coming out from the online casinos are indeed true and that the online casinos are paying their customers.

These developments have led online casinos to upgrade and launch new casino games such as Poker games, slots and so on. Due to the rising popularity of Poker, online casinos have been raking in millions of dollars in 2004 and would probably be raising more money in the succeeding years.

Ongoing Battle

There are still a lot of people who are trying to fight the legalization of online casinos in some countries. There are some who are using the power of their position to pass a bill that will cut the growing industry of online casinos. But as to the end result of that effort, no one knows whether they will be successful or not.

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