Microgaming and the History of Online Gambling

How to Start a Successful Online Casino Business? - Advisory ExcellenceOnline gambling first appeared on the internet in the mid 1990s. In 1994 Microgaming software was founded and still has the corner market today in many of the online casinos. Microgaming is chip software that runs the various joker gaming machines found in land and online casinos. There is some debate as to who was the first casino to pop up on the internet and most would say InterCasino first appeared in 1996. However; there are others who claim that Microgaming’s Gaming Club was the first online in 1995.

From the first casino to go live on the internet, casinos continue to improve their operations online and tweak the software, servers and connections that cater to the players on the world wide web. Regardless of slow bandwidth causing connection problems for the players, the industry still raked in an estimated $834 million in 1998.

Online poker first sprang up at the start of 1998 and was facilitated by Planet Poker. Following suit was Paradise Poker in 1999, Party Poker and Poker Stars in 2001. Planet Poker is still in operation; however they no longer allow real money to exchange hands. By 2008 Party Poker had lost the lead in the industry to Poker Stars and Full Tilt Poker, estimated by the number of players online.

The popularity of online gambling does not seem to be decreasing since its birth. With state of the art technology, online casinos have the ability of offering real time play and instant spin capability, thus satisfying all sectors of the gambling industry and increasing revenue. The casino software available today is not only advanced for the players utmost enjoyment but is completely secure.

In 2010 the online gambling industry grew by 12. 5% with gross revenues of close to $29. 95 billion, regardless of the perceived recession. The online casino sector grew an estimated 13. 3% in 2010 and brought in an estimated $2. 67 billion. The most money contributing to the gambling revenue online is generated by sports betting at about $12 billion.

Online bingo stole the lead in being the fastest growing sector for 2010, estimated at 28. 4% growth and to the tune of $2. 67 billion. Although poker is the most talked about, it was deemed the slowest growing online gambling sector which generated about $5 million.

In 2006 many of the online gambling companies decided not to allow USA players spend money in their establishments anymore due to the uncertainty regarding laws of offshore gambling, following the passing of the Unlawful Internet Gambling Enforcement Act. There was a great debate regarding different states that were legally able to gamble and those who were not. Many of the casinos revised their policies regarding USA play since that time and now the majority of online gambling establishments will again accept USA playersThe game of gambling has achieved immense popularity in recent times. Card games like blackjack and poker have become staples of many club houses. This trend has also caught the fancy of the internet, leading to many online gambling websites coming up in recent times. The combination of entertainment with lucrative opportunity has proved to be a very attractive concept for many online users. This has grown to become a main mode of entertainment for both amateur and professional gamblers online. For many professionals the use of online gambling websites is a way to convert their hobbies and skills into a profit.

Over the years, growing professional commitments and lack of time have made it difficult for many amateur gamblers to experiment with their luck. The online gambling sites offer them a chance to play their favorite games online. This allows people to indulge in their favorite games like poker and roulette from the comforts of their offices and homes. The users can choose from the top rated gambling sites on the internet to practice their skills on.

Most gambling sites require the player to register and deposit a certain amount of money to begin playing. As a beginner or an amateur player, it is very important for the gambler to read the rules and regulations of the website and its benefits before choosing to register. Unless the player chooses the right online gambling websites, there is an impending risk of losing their money within a few games. This is why it is important for users to access gambling reviews for finding the best gambling sites on the internet. These websites offer detailed information about top rated gaming sites and the benefits they offer to people. This information can prove to be instrumental in the profit making ability of gamblers on these gambling sites.

Most gambling websites have a range of features which are created in order to attract more users to register and play on the website. The reviews provide detailed information about these financial aspects of the game and offer customers better insight into the process. With the help of these reviews, it is possible for users to choose the easiest gambling sites to deposit at, banking options and other facilities available on the website. It is advised that customers choose the right online gambling websites based on the bonus offered to them.

The easy accessibility of online gambling sites is one of their most attractive features. But not all websites offer the maximum benefits to customers. This is why it is very important that people choose to read through gambling sites reviews before opting to invest their money on one particular site. This will help them understand different factors like the bonuses available, registration fees and other transactional details thoroughly before beginning the game. However, it is important that customers choose a credible and trusted review site for their reviews. This will help them in choosing the best site for their gambling needs.

Leave a Reply

Your email address will not be published. Required fields are marked *

WC Captcha 17 − = 8