History Of Online Gambling

By Author: john martin
Total Articles: 1
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Gambling has been in existence from a long time and has been a source of fun and entertainment. Still gambling exists but today the form of gambling has changed a bit and it has come to our homes in the form of online gambling. Today there is no need to travel to a casino to play casino games and you can play the casino games of your choice just from the comfort of your homes. Though existence of gambling is very long and takes us many years back in our ancient times and has a very interesting history. Whereas on the other hand online gambling does not possess an interesting and mysterious history and its history is quite short and explosive one, as online gambling has become a multibillion dollar industry in a very short time.

The first online casino websites came into existence in the mid 1990s but it started really in 1994 when the government of the Caribbean nation of Antigua and Barbuda passed the free trade and processing act which allowed licenses to the companies for opening online casinos. And in the same year the first online gambling software provider was founded known as micro gaming which is today also one ...
... of the leading software providers for the online gambling. In 1995 cryptologic software came into existence which gave the finishing touches to a comprehensive online casino via financial processing.

However the starting of online gambling was not easy as there were many obstacles over the legality of the industry and there were many who opposed the idea of online gambling. In 2003 an organization called eCOGRA which means e commerce and online gaming regulation and assurance was established in order to provide a safe environment for casino gamers to play in. The online gambling industry grew rapidly and there was an influx of online casinos especially as more and more gambling jurisdictions emerged. And since today online casinos have increased vastly in popularity due to their convenience and accessibility.

Online casinos continue to thrive on an overall global scale and are likely to continue to do so and would be always great source of entertainment and fun for us.