Online live Casino history dates back to the early 1990s and has existed long before it became popular worldwide. In fact, it was in existence almost a decade before the first social media platform was launched.
Online Casino has been on the rise since then and attracting billions of dollars in revenue for stakeholders and players.
According to reports, the first online live casino was InterCasino, and it was launched in 1996, eight years before Mark Zuckerberg launched Facebook in 2004. Since the launch of InterCasino in 1996, the online casino industry has experienced a tremendous increase in exponential progression.
Today, there are now well over a hundred licensed online live casinos operating across the globe. These casinos provide a global hub to millions of players from different parts of the world. They provide convenience and easy access to online games and staking options regardless of location. Experts say that the popularity and acceptability of online live casinos will double within the next few years.
InterCasino, the first fully functional online casino, was developed by Microgaming, an Isle of Man-based software company. They contributed immensely to the online live casino history as we know it today. InterCasino was run on secure software developed by CryptoLogic, an online security software company. As a result, the online live casino became a success and started making waves because players could make safe transactions.
The birth of online casinos was made possible after a small Caribbean nation in 1994 began to grant licenses to companies that wanted to provide gambling services over the internet. That year, Microgaming was established, and the company created what was known as The Gaming Club.
What Is Online Live Casino?
Online live casino refers to casino games that can be played online. It often provides the same feeling and experience one will get when staking games in an actual casino. It also provides games that can enable people to play games against each other despite being in different parts of the world.
It makes use of live dealer casinos, sometimes known as “live” casinos – this provides players with the opportunity to engage with real-time human dealers without having to visit a casino location physically.
To achieve this, casinos make use of a video camera crew to broadcast the game, which specialized gaming studios produce. Therefore, people from all over the world following online can place stakes and partake in the games.
The Growth of Online Casino
One of the things that have helped the growth of online live casinos is technology. We live in a technology era where everything is going digital. Online casinos have been the go-to place for people to gamble in the digital space, and as a result, land-based casinos are fast becoming a thing of the past.
According to many players from different parts of the world, switching to online casinos has helped them save money because it doesn’t require them to travel to a physical destination. This results in people having more money to stake in games.
At the current rate, and with the mouthwatering bonuses available to players, it is predicted that online casinos will continue to experience huge wins across the globe, especially with the popularity of VPNs, which offers players an opportunity to engage in casinos anonymously.