Gambling seems to be an activity
that started to gather popularity as early, as in
1700, when people in ancient Rome made various
wagers and bets on the outcome of particular events.
Though, at the time, it was not a business of any
kind, but just a way to have some fun.
Though, seems like gambling was
out there even earlier then in 1700, as people in
the United States were playing lottery games as
early as in 1600. Though, they weren’t particularly
popular at the time and gambling really took off
around 1800, when gambling establishments were
actually being regulated by the state, in order to
earn money, just like it is nowadays.
it seems that dinosaurs might be still running
around, when the first wagers were made, online
casinos were developed much, much later. Of course,
they might have been developed earlier, but the
internet became widely available in mid 90’s, which
is also exactly when the first online casinos
Offshore and tax free heaven,
Antigua & Barbuda were the first licensing entity of
online gambling. This all happened back in 1994
after this territory processed a ‘’Free Trade &
Processing Act’’, which allowed and granted licenses
to online casino sites and opening of theirs.
None other than MicroGaming, a
software giant that still holds a large market share
today, was in charge of opening the first online
casino back in 1994. With help from another crew of
gambling veterans, Cryptologic, the first casino,
which is believed to be Gaming Club, was born.
One by one, 15
websites were established in 1997, while in 1998
this number blew up along with the whole industry.
Until the end of 1998, gambling revenues exceeded
800 million and over 200
casino gambling sites were operating.
Online gambling market was
growing at an unbelievable rate and it didn’t seem
like it would stop anytime soon. One of the most
popular markets were United States of America, the
government of whom saw billions in potential tax
revenue going to offshore operators. It was quite
clear that something had to be done and that’s
exactly how Unlawful Internet Gaming Enforcement Act
(UIGEA) was implemented and applied into the system.
What UIGEA did wasn’t banning or
making it illegal for players to gamble online. They
actually took a smarter approach and made it illegal
for banks and money related service providers to
process gambling related transactions. This meant
that players simply had no way to deposit or
withdraw money to and from the online gambling
Of course, as it always happens
in multi billion dollar industries, loopholes were
found and some casinos & gambling sites kept
operating within the United States. Though, compared
to what the industry were when it was legal, US
market could almost be considered as dead.
Legalization In Other Countries
Many countries followed the US
and started to work on legalizing or, alternatively,
banning online gambling. Most advanced countries did
legalize it, though, simply because there was so
much revenue potential judging from the US
situation, even if it would be banned, people still
France, Italy and Spain were next
to follow and signed legal online gambling bills
into their laws. Though these made a lot more sense
than the UIGEA. All three countries required
gambling companies to purchase a license if they
wanted to operate in their markets as well as share
revenues with the government. This was clearly a
win/win situation, as it allowed casinos to heavily
advertise themselves via a variety of marketing
channels. Before they were limited to ads on social
networks and e-mailing their clients.
State of the Industry
With most markets being legalized
already or seeing a new legal gambling bill
introduced, it seems like gambling will be an
evergreen niche. Online gambling is about to become
legal all over New Jersey and it already is legal in
Las Vegas and the whole state of Nevada. We are
certainly excited to see what it brings to our side,
one way or another.
while after 2000, an unknown company to this day,
introduced players to live dealer gaming. The
concept was simple – a real casino feel while still
being able to enjoy resting in your favorite chair
at home. Of course, it instantly became a big hit
and several companies were founded in hopes of
grabbing this market to themselves, including
Evolution Gaming in 2004, which seems to be the
niche leading company up to this day.
Game offerings that were dealt by
live dealers and streamed in real time to your
computer include the most popular table games –
roulette, blackjack, baccarat and casino hold’em.
With technologies advancing more and more, so did
the casinos and now all games are available in a HD
stream with no glitches whatsoever.
a bigger hit than the previous, live dealer gaming.
With mobile phones becoming more and more
mainstream, so did playing various games on them.
This happened until some of the industry big guns
realized just how huge this industry might be –
everyone owning a cell phone could be a potential
Thus, around 2003 they first
mobile casino was introduced. It was really basic at
the time, with low quality colors and simplistic
animations. As years went by and phones got more
advanced, casino sites followed.
Now, in 2013, mobile gambling
keeps growing every year and the games offered are
pretty much equal to computer ones in terms of
quality, speed and overall experience provided. You
can play slots, blackjack, baccarat, roulette and
even live dealer games on your mobile phone or
Seeing how most new mobile
devices are developed with touch screens, developers
of games have also made their offerings compatible.
You’ll be able to use your touch screen for placing
wagers, spinning the reels when playing mobile slot
machines and throwing chips on the roulette layout.
There’s literally no limit to what you can do at
mobile casinos. Speaking of these, all leading
online casinos have tailored their software to be
compatible with most popular phone devices, such as
iPhone, iPad, Android and BlackBerries. The truth is
that sky’s the limit, when it comes to mobile