History of Legal Online Gambling Sites
Did you know that gambling has a long and rich history in many cultures? For example, card games alone go as far back as 9th century China. And today, legal online gambling sites are becoming part of daily activity for many.
Yet, since its beginnings, online gambling has gone through dramatic changes. And legal online casinos are easier to find for more people worldwide.
So if you have ever wondered how it all started, keep reading. Here is a brief guide through the evolution of internet gambling.
The Early Days
From the start of the internet as a public domain in the 1990s, online gambling sites became an instant idea. But taxation in many countries hindered initial growth until one region stepped forward.
The Free Trade and Processing Zone Act in Antigua and Barbuda gave online casinos a way forward. The single piece of legislation from these islands started the dawn of a new industry.
Around the same time, the Microgaming Company introduced online gambling software. These internet gambling innovations started a frenzy of over 200 new online casinos. As competition increased, so did trust in legal online gambling sites.
Before the end of the century, new types of internet gambling were coming online. Casino sites started offering other kinds of wagers.
The next phase of development was creating an environment where players could interact. Poker was the obvious choice for bringing player against player software. The world of professional poker caught on to the trend, changing the game forever.
Star players found new ways to increase personal earnings from internet gambling sources. First, as better players, their odds of winning games became a huge attraction. But, then, these stars also gained more fame and revenue streams from affiliations.
Poker was a natural addition to regular casino games. But competition for poker play grew fast, and in time only a few trusted sites survived. Yet, poker is still one of the most popular forms of online gambling.
Placing bets on sporting events has always been a worldwide favorite for gamblers. Yet, when famous bookmakers like William Hill joined internet gambling, bettors followed. But one company made headlines for changing the sports betting landscape.
A new form of online gambling got started by a company called Betfair. The concept of person-to-person wagering took online casinos out of the betting process.
Instead, players gained access to bet against each other. Much like poker, players were making wagers for a small fee charged by the provider. Since then, sports betting on every event imaginable has become regular.
More Legal Online Gambling Sites Emerge
In the last twenty years, the growth of online casinos has been extraordinary. Online gambling sites now offer the enjoyment that physical casinos have. These games range from traditional table games to a wide choice of slot games.
Technology also keeps advancing to make getting into the online gambling business easier. For example, software providers package their services to people worldwide. So now, an individual can become a bookie agent with services from these companies.
Online Casinos Are a Growth Industry
There are still places where legal online gambling sites still struggle for traction. But more governments will work out new regulations for online gambling sites. As those rules become more transparent, better online casinos will emerge.
Still, there are legal online casinos now where players feel safe with their wagers. So if this article gave you a better sense of the industry, come back for some other insights.