🕰️ Early Beginnings of Online Casinos (1994 – 2000)
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Year Event 1994 First Licensed Online Casino – The first online casino, known as “Casino on Net,” received its license in Antigua and Barbuda. 1996 Introduction of Live Dealer Games – The concept of live dealer games started gaining traction, revolutionizing online gaming. 1998 Regulatory Changes – The Kahnawake Gaming Commission was established to regulate online gambling.
🌍 Expansion and Growth of Online Casinos (2001 – 2010)
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Year Event 2001 Emergence of Poker Online – Online poker began to flourish, becoming a major part of online casinos. 2004 Legal Issues in the US – The Unlawful Internet Gambling Enforcement Act (UIGEA) was passed, impacting the online gambling industry. 2010 Mobile Gaming Revolution – The advent of smartphones led to mobile casinos becoming more popular.
📈 The Rise of Modern Online Casinos (2011 – Present)
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Year Event 2011 Regulation in Various Jurisdictions – Countries like the UK and Malta implemented frameworks for licensing online casinos. 2017 Cryptocurrency Acceptance – Online casinos began accepting Bitcoin and other cryptocurrencies. 2020 Impact of COVID-19 – The pandemic increased online gambling participation as physical casinos closed.