Online casinos grow immensely over the years and still continue to grow and develop. If we look back on history we can see that online gambling began longer than we think. It all started when Antigua passed the Free Trade and Processing Zone Act on the year 1994.
Throughout this article you will know the basic highlights of the history of online gambling from the very start.
One of the largest software developers and suppliers in the industry of online gambling was founded on the year 1994.
On the year 1995 this company was founded. Cryptologic is a company that develops software packages that process online transactions securely.
In the year 1996 intercasino started its operations and is claiming to be the first online casino that accepts wager for real money.
Online gambling was sanctioned in many countries like Antigua Barbuda.
The year when microgaming launches its first online progressive jackpot slot game. This is also the year when the online gambling industry gained millions of dollars for its revenue.
The online gaming industry reached Australia. The very first licensed online casino in Australia named Lasseter went online.
Also new gaming software became available during the year that actually provides a multi-player functions that allows multiple players to play the game and communicate simultaneously.