The online casino gaming industry has grown drastically over the years. Back in 1966, InterCasino offered just 18 games to play. Right before people could wager, companies were desperate to develop a software to run on the gaming platform. Then, Microgaming came up with their first software in 1994.
Cryptologic soon followed and was next to enter the software market. In 1995, they developed coded communication protocols which were used to ensure all financial transactions were secure. This was to make sure that the safety of client data was safe from fraudulent activities.
Prior to this, in 1994, Antigua was one of the first countries to make the law of online casino gaming legal to people who were offshore. Companies were allowed to make applications for licenses to operate online casinos. Then, the Kahnawake Gaming Commission was the next licensing body. They started offering licenses in 1996.
Did you know that the first online progressive slot was launched in 1998? It was developed by Microgaming itself. It was the same year US launched its Internet Prohibition Act which did not pass. Now, the use of mobiles for online gaming has increased which has caused a rapid growth in the market.
In more than 80 countries, online casino gaming has been legalised. This gives Europe the title to having the biggest market around the world. In the US, three states allow online casino gaming and it is soon going to be legalised in most, which will allow the market to grow in those regions.