Archaeologists and historians have found evidence that humans loved to gamble back in the days when no history books were written. Despite this, a large proportion of society will argue that gambling is immoral. There are also those who will find a way to fulfill their inner desires no matter what.
In the ’90s, fulfilling these desires became easier than ever. The freely accessible Internet has given millions of people around the world a chance to play gambling. Thanks to technology, you no longer have to dress in a suit or dress, just to spin the slot machine drum a few times.
The Beginnings
Antigua and Barbuda – was a small Caribbean country that had a huge impact on the development of online slot gambling. The introduction of the law on the Free Trade Zone took place in this country in 1994.
This allowed the country to issue licenses to entrepreneurs who were planning to start gambling activities on the Internet. Nearly two years later, there was a boom in online gambling.
Who Was First?
It is extremely difficult to determine which online slot casino was established first. According to information provided by the University of North Carolina, the first casino went online in 1995 and offered players 18 different games.
Some sources say that the first casino appeared almost a year earlier and it was supposed to be with the founding of the software company – Microgaming.
However, the most common information circulating on the web is that in 1996 many online casinos were created and this is where it all began. Whatever the data might be, the fact remains that by 1997 neither of them had achieved much success.
At the end of this year, there were over 200 online casinos. A year later, a Frost & Sullivan report announced that online gambling made over $ 800 million in 1998 alone. The world of online gambling has started to change very fast.
Sports Betting
In order not to overlook any of the areas of online gambling, you should also mention sports betting. The first company to introduce such bets to the network was InterTops. It took place in 1996.
Their enormous success prompted the establishment of hundreds of similar sites around the world. Despite the legal issues, sports betting remains popular in 2015. Christiansen Capital Advisors estimated in 2005 that sports betting generated more than $ 4 billion worldwide that year. This figure has undoubtedly increased since then.
Poker Madness
In 2003, the man with the dog Chris Moneymaker became the prototype and the idol of all teenagers who dream of fulfilling their dream of wealth. By winning the prestigious World Series of Poker tournament (after qualifying for it online), he made millions of people around the world want to try to repeat his feat.
The online poker market has been taken over by companies such as PartyPoker, PokerStars, and Full Tilt. Everything was going well until the famous Black Friday. In 2011, the US government banned offering poker games to US companies and citizens.
The Future of Online Gambling
Due to legal problems, the future of how to play slot for beginners gambling is not entirely clear. In many countries, companies offering this type of online entertainment circumvent the law and provide players with exactly what they want.
It should be remembered that history clearly shows that as long as there is a demand for a given good or service in the world, there will always be people and companies ready to deliver them to customers.
Technology is developing very fast and it can be assumed that thanks to the fast Internet, smartphones, and Bitcoin currency, the development of gambling will only deepen.