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When was the first online casino established

when was the first online casino established

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Prior to all of this, what started the online gambling revolution? Well, in , Antigua and Barbuda was the first country to pass a law making it legal to offer online gambling to offshore residents around the world.

Companies were able to apply for licenses to operate online casinos. The Kahnawake Gaming Commission was the next licensing body to regulate the online casino industry.

They started offering licenses in Here's another interesting tidbit. Do you know when the first online progressive jackpot was launched?

It was in and developed by Microgaming. The slot was called "Cash Splash" and can still be played online today. This had a huge impact in the industry.

After the law was passed, it was illegal for financial institutions to process transactions for online gambling sites, which forced many operators out of the US market or out of business completely.

The industry has nearly doubled since as well. Social gambling has started to contribute to the growth in the industry.

Another growing segment is mobile gambling. That's a massive number and one that'll continue to grow. Many new markets are starting to see widespread mobile penetration IE: Online casinos will market heavily to this segment of players and that'll require offering a great mobile casino.

I believe the online casino industry will continue to grow worldwide over the next decade. More countries will regulate online gambling and more potential players will be coming online in developing countries.

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