The emergence of online casinos

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The emergence of online casinos

They have been around for over 25 years: the online casinos. Especially lately, they seem to be growing out of the ground like mushrooms, because the boom in gaming on the internet is just not going to stop. Not all providers are actually successful. There are a number of reasons for this, which we do not want to list in detail here. Other providers, such as Slotty Vegas, Karamba, Lapalingo and Co, have in turn managed to establish themselves positively on the market – numerous reputable online casinos that have continuously developed over the years and have become an integral part of the World Wide Web .

25 years of online casinos

Internet commercialization began just over 30 years ago, and the first tentative steps were taken to use the World Wide Web for our everyday work. A few years later, it also moved into private households, and although at that time mostly only analog modems were available, it soon became standard. At the same time, the first online casinos came into being, and it only took four more years for more than 700 providers to romp around the net. At the same time, the first online poker portals and providers of online sports betting appeared.

In order to be able to compete with the competition, the operators outbid each other with an increasingly attractive welcome bonus and numerous offers of casino free spins. Software companies were founded all over the world, which developed new games and adapted popular traditional slot machines for online business. This also included developers who are still among the major market leaders, such as Microgaming (founded in 1994), NetEnt (founded in 1996) or Playtech (founded in 1999). She and her colleagues around the world were constantly developing new games with more and more fantastic extra features. The first multiplayer games, themed slots and progressive jackpots came on the market, which made the use of online casinos even more attractive. Already after five years, more than a billion dollars were generated with online gambling worldwide. In 2008, the best mobile standard in data transmission was still called UMTS. 4G then replaced UMTS four years later, and from this year you can now access 5G, which will outshine everything that has existed to date.

Gambling tradition

The game determines a large part of our life. Gambling and casinos can look back on a very long tradition and take their place in history. Traces of gambling can be traced back to ancient times. In Europe, it was the lagoon city of Venice that established casinos in the 12th century. Of course, these could not be compared one to one with today’s establishments. It was more of a kind of game room that only admitted a higher layer. In Germany, gambling began to appear at the end of the 14th century at the latest. Even then, the requirements were very strict and the players had to deal with an endless series of decrees. It was only in October last year that Russian archaeologists made a sensational discovery. During excavations, they found clear traces of an “underground casino” from the Baroque period on a plot of land in the northwestern Russian city of Pskov, on which a thermal power plant used to stand. They uncovered a 17th-century bench that featured one of the oldest board games. The archaeological center proudly reported: “An underground casino” was discovered in the layers of the earth from the second half of the 17th century. The fact is that in the reign of Tsar Alexei Mikhailovich (1645 – 1676) gambling was prohibited and violations were severely punished. The players had to resort to all sorts of tricks to pursue their passion ”.

The future is called virtual reality

Online casinos have a less traditional history. The oldest online casino is only 26 years old. It was founded in 1994 and is under an EU license from the Malta Gaming Authority (MGA). The Gaming Club is the pioneer for all online providers that we know today. It has proven itself over the years and still maintains its position on the market, even if the appearance and the offer has changed significantly compared to the beginning, or has been modernized. In the beginning, the gaming club had to deal with a number of initial difficulties. One of the biggest shortcomings was the fact that the software was not yet secure enough to carry out financial transactions. In 2003, the first live dealer casinos appeared, which made it possible to follow the respective game happenings via camera live stream, which took place in a casino specially set up for online games. Suddenly you could experience an authentic casino feeling and play against “lively” croupiers – and that in real time. In the meantime, a large part of the online gambling turnover is generated via offers for smartphones. And what the future will bring is already very clear. The next step is clearly towards virtual reality – a development that we are all looking forward to.

 

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