Did you know that in 1994 the act of “The Free Trade and Processing Zone” was passed in Antigua Barbuda in which up until now licenses granted to online casinos that operates is under this legislation. The same year where the first and largest software suppliers and developers, is founded which is the Microgamming.
In 1995 Cryptologic was founded by the Rivkin brothers with the desire to develop a series of uniquely encrypted communication protocols that would resolve a quick, reliable and secure transactions. The same time the Starnet Communications is created in order to develop, license and provide online gambling websites and technology to go to different legal barriers .
In 1996 Microgamming concentrates on the development of internet casino technologies. The same year Cryptologic started developing the first gaming application and E-Cash, after a few months WagerLogic a subsidiary of Cryptologic completed its license. October the same year InterCasino make a wave on the internet.
In 1997 Starnet launched the WorldGaming dot net accepting and managing wagers thru the internet. In addition another network is founded which is the PartyGaming.
In 1998 the very first progressive slot jackpot was introduced and called Cash Splash. More over $834.5 million was generated as revenue coming from online casinos.
After a year Boss Media surprised the online gambling world by introducing a new gaming software platform which allows multiple players to play the same game at the same time and even chat with each other.
In 2001the largest internet progressive jackpot is won US$414,119. The same time Party poker was launched.
In May 30 2002 the very first million plus dollar jackpot is won. The next year eCogra is founded.
In 2004 Google as well as Yahoo remove all advertisement which regards to online gambling due to the Wire Wager Act in 1961.
Two years later UIGEA is founded. Then in 2008 more than $5 million jackpot from a progressive slot was hitted by a Finnish Klaus E. in Mega Moolah at Blackjack Ballroom from Microgamming. A year later May 2009 EUR 6.3 million was also won on the same game. The same year where body reaches a 3 million customer account including US players since they defy the law that prohibits US players to join an online casino.
In 201-0, poker stars dot com deals a 40 billion hand in poker. The same year in the US on June 01 UIGEA is implemented.
Looking back we can assume that online casinos really did well, and would be standing more proudly for the coming years to come. Lets all wait on what more a trusted online casino site can offer, defy and endure.
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