The Birth of online casinos
Online casinos first came about in the early 90’s right when the Internet was starting to take the shape of what we know and love today. The first few years were tricky for operators because the public was not yet accustomed to the idea of online casinos. But slowly but surely players started pouring in from countries all over the world, wanting to gamble from the privacy and comfort of their homes.
As the number of online casinos continued to explode in later years, everyone started asking the same question about regulating this type of casino. It was apparent that the industry would need to regulate itself or governments would have to do it for them. Thus the Canada-based Kahnawake Gaming Commission was established in 1996. Online casinos had to present their product to this commission or they would be severely punished, primarily by bad publicity all across the internet.
At a land based casino you get to see the wheel spinning in roulette, the dice rolling in craps and each and every card being dealt in blackjack or poker. Online casinos badly needed a way to prove that they were absolutely reliable and that they weren’t in control of the outcomes of the games. They did this through the use of Random Number Generators (RNG) to guarantee a fair game to their guests.
In 2006 the US Congress passed a law called the Unlawful Internet Gambling Enforcement Act (UIGEA). This law made it illegal for any American financial institution like banks, credit unions or credit card companies to have any dealing with internet casinos. This made it practically impossible for Americans to play on online casinos because there was no way for them to deposit or withdraw money.
The main reasoning behind this act was that minors were gambling and in their opinion that could lead to problem gambling further down the line for those people. While these problems are legitimate, some considered that the US government actually wanted to channel gambling money into state-run enterprises such as horse and dog racing and especially lotteries. All of these types of gambling are fully taxed by the government and they didn’t want to lose that money.
While it was good at that time, the gambling software that was used back then was very primitive by today’s standards. All casino games which are on offer today are marvels of software compared to their older brethren. Players are now accustomed to regular updates with new games popping up all the time. One of the biggest improvements to the world of online gambling in the recent past is the rise of mobile gambling. Smartphones have brought in a new age of gambling where everyone can gamble away on the go.
Two of the biggest games that have caught the attention of millions of people across the world in their online form are Bingo and Poker. Both have found very comfortable homes on the internet players can’t seem to get enough of them any time soon. So if you’re ever wondering how online gambling got to be the behemoth that it is today, here is your answer.