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 The History Of Online Casinos
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An online casino is basically an extension of the brick and mortar gaming houses. There are more and more people around the world who are playing casino games online because of the convenience of such. Some people also prefer to play online casino games because they believe that the house advantage is rather low when playing online. The question now is: do you know how online casinos originated? Basically, the history of online casinos started about 17 years ago.
It was in August 18th 1995 when the very first online casino was launched. This was the Internet Casinos, Inc (or simply ICI). ICI started operating about 18 casino games. It was also the first to offer online access to National Indian Lottery. ICI originally operated in Turks as well as Caicos Islands, avoiding prosecution if they will operate in the US.

There were other online casinos that were launched in the mid-1990s. These are the Gaming Club and the Intertops. The latter focused on casino as well as sports books. Intertops was the first to launch sports book than ICI.
It 1996, Interactive Gaming & Communications Corp. (SBET) launched the second sports book. SBET also became the first online casino-related publicly traded company to be listed in NASDAQ. The success of SBET was not only realized financially but also socially when the bettors accepted sports wagers through calling a toll-free number to Antigua. This was a proof that the bettors are willing to go the extra just to bet.

In the US, however, gambling laws and regulations were very strict that casino operators decided to operate their online casinos either in European or Asian countries. The Caribbean Islands was also a place of choice. In some of the countries, even the government had taken interest in opening their own online casino like the Liechtenstein's government. This government operated an international lottery online in various languages including German with the goal of driving international traffic.

In the UK, the first online casino was called Atlantis. Atlantis, which was owned by Sol Kerzner, was licensed under Isle of Man. Kerzner developed a rather new concept of gambling online known as the thematic online casinos. Today, Atlantis still offers an exceptional gambling experience from payouts to progressives. Its owner also offers free trips to Paradise Island located in Bahamas. This is actually a part of the VIP program of the online casino. Such a program, however, is exclusive to the members of the London Club.   

Though there had been challenges particularly in terms of placing bets and receiving payouts, online casinos are apparently a success. One proof is this is the proliferation of many online casinos today. Building a reputation, however, is never that easy. Based on the statistics of Rolling Good Times Online, an online gambling magazine, there are about 452 gambling websites, all of which have their own franchises, subsidiaries and affiliates. The sites also have their sister sites. On an average, the online gambling industry’s worth is approximately at $49 billion on an annual basis.






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