The History of Online Gambling: Microgaming

In the middle of the 1990s, online gambling was first introduced on the internet. Microgaming was established in 1994 and continues to dominate many online casinos. Microgaming software is a chip-software that manages the machines in both online and land casinos. It is disputed who the first online casino was, but most people would agree that InterCasino was the first to go online in 1996. Others claim that Microgaming’s Gaming Club first appeared online in 1995.

 

Since the launch of the Internet casino, casinos have been improving their online operations and tweaking the software, servers, and connections to cater to players. The industry still brought in $834 million in 1998, despite slow internet connections that caused connection problems.

 

Intertops became the first online sports-book in 1996. However, they were already in business since 1983 and have taken phone bets ever since. Intertops continues to thrive today, serving over 180 countries.

 

Online poker was first developed by Planet Poker at the beginning of 1998. Paradise Poker followed suit in 1999 and Party Poker in 2001. Planet Poker is still available, but they do not allow real money exchange. Party Poker lost its lead in the industry by 2008 to Poker Stars, Full Tilt Poker and Poker Stars. This was based on the number of online players.

 

Online gambling is growing in popularity since its inception. Online  메이저사이트 casinos can offer instant play and real-time play, which is a huge benefit for all segments of the gambling industry. Online casino software is both advanced and completely secure.

 

The online gambling industry experienced 12.5% growth in 2010, with revenues close to $29.95 Billion, despite the recession. Online casino revenues grew by 13.3% in 2010, to $2.67 billion. Sports betting, which generates approximately $12 billion of the online gambling revenue, is the most lucrative.

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