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History Of Online Gambling History of Online Gambling VideoThe History of Online Gambling : Forms of Online gambling
InterCasino became the first one in and still online. Microgaming became the first company to jump on that gravy train in The company then started shaping its ideas into what is known today as the online casino, resulting in over games developed over the years.
Poker rooms featured a great choice of tables, often becoming training grounds for rising poker stars.
Another trend was the migration of already popular poker players to the online realm. The most famous poker rooms from those times were Party Poker and Poker Stars.
The latter quickly rose to prominence thanks to the satellites that offered everyone a shot at something grand. At the end of the s top bookmakers whose names are familiar to everyone appeared — William Hill among them.
A few years later Betfair revolutionized the industry by suggesting a new format of P2P betting. Here is what it looked like back then:. At Televega casino , which is very popular with Aussie players, you can enjoy a loyalty program, a choice of bonuses, and a great variety of payment options.
Players from the s had no idea this is that it would be like in the future. These days the opinion remains split on the legality of gambling.
From small beginnings, online gambling has become a business worth billions of dollars. There are hundreds of gambling sites providing all kinds of different products and services to customers all over the world.
Anyone with an internet connection can easily play casino games, place wagers on sporting events, play poker, and much more. On this page, you will find information on how the various forms of gambling have evolved online.
We have also provided detailed histories of some of the major gambling sites and the technology and software companies that have played a big part in the development of this industry.
There are many gambling sites on the internet today. Some of these have been around since the very early days of online gambling and have established themselves as well-known names.
Others have entered the market later on, but still built strong reputations. Over time there have also been a number of sites that have not gone the distance, and for one reason or another have ended up closing down.
Throughout the history of online gambling, there have been a few sites in particular that have made a big impact on the industry. The stories behind how these sites have evolved over time can be quite fascinating.
We have written accounts of some of the biggest and best-known gambling sites, and you can find the history of these sites on the following pages.
Many gambling sites use third-party technology providers for some or all of their products. Some of these providers supply their software to many of the biggest operators, which is why you will often notice similarities at different sites.
The innovation and creativity of these companies has been instrumental in the way online gambling has developed.
We have studied several of the most notable technology companies in the online gambling industry and written about their past and what they are doing today.
You can read more about the history of the following companies. The first form of gambling over the internet to really take off was online casinos.
In the same year that Antigua and Barbuda passed its Free Trade and Processing act, , a company called Microgaming was formed. This company claims to have been the very first to provide a fully functional real-money online casino, The Gaming Club.
Other companies have made similar claims, and it is difficult to verify exactly who did come first. InterCasino, owned by the company CryptoLogic, was certainly one of the early online casinos, and it is still in existence today.
Regardless of exactly who came first, Microgaming and CryptoLogic were certainly notable companies in the early days of online casinos.
Another interesting trend in online sports betting developed in the year after Betfair entered the market. This internet gambling site took sports betting to a new level with the invention of peer-to-peer wagering.
Almost unique in the industry, this system basically allowed players to make bets between themselves while the site took commission from each wager.
Two years after the formation of Betfair, in-play sports betting provided the online industry with another boom.
Taking internet technology to its limits, live sports betting has proven to be immensely popular and one of the most exciting new sports wagering option on the market today thanks to its compatibility with both desktop and mobile devices.
Planet Poker is generally considered to have been the first online gambling site to offer poker. Formed back in , this platform quickly attracted a large number of players, including WSOP bracelet winner Chris "Jesus" Ferguson.
Unfortunately, the site was plagued by a number of technical problems and other glitches. Back in those days, a large number of people were still using dial-up internet services, which created a number of speed and downloading issues.
However, the failure of Planet Poker led to the rise of new poker sites such as Paradise Poker, partypoker and, eventually, PokerStars.
Paradise was launched in from a base in Costa Rica and quickly became the biggest player in the market. Thanks to a more advanced platform than Planet Poker, Paradise was able to cram thousands of players onto its platform on a daily basis.
Partypoker and Poker Stars were formed just two years after Paradise Poker in and soon became the top two internet gambling sites in the world.
In fact PokerStars is partly responsible for the global poker boom thanks to its online tournament satellites.
Take a look at the infographic below , which highlights this billion-dollar industry from its beginning to its current state. Latest Video Start A Business.
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