Cards, slots, dice, chips all these words conjure images of casinos but all those things can also be found in the fascinating world of online casino games. This industry has experienced unbelievable growth despite poor press and law changes. Players can not resist the urge to tempt fate and possibly become the next million dollar winner.
The first online casino, Microgaming's Gaming Club, opened in October of 1995. The casino mostly offered slot and video poker for those who wanted to try their luck. The immense popularity of the site took many by surprise. The following year 700 different gambling sites were active and accepting bids. By 1998 gambling sites were pulling in $835 million a year! In 2001 over 8 million people were gambling worldwide and profits were staggering. Today it is a $49 billion industry.
With 700 gaming sites springing up in just a year competition grew considerably. Each site was looking for a new way to attract players to them. As developers improved the programs slots were offered along with baccarat, blackjack, craps, roulette, poker, keno and bingo. And the invention of live gaming made games like Texas hold 'em possible along with tournament style gambling.
By 2000 the only thing the internet gaming industry was missing was instant payouts and deposits. Often players had to wait up to a week to get money into or from their accounts. Programmers responded by developing new, secure systems for these transactions. Now money can be instantly transfer from one account to another all over the world.
Poor press has tarnished the industry with the development of "rogue" casinos that fail to give payouts and run software to cheat the players. To protect players from this many communities have developed sites to report these experiences and warn others.
The larges hurdle casinos have had to jump over is litigation. Many countries have introduced potential laws restricting gambling. The most common reasons for outlawing them are the lack of regulating safeguards for players and the inability to verify the person playing is not a minor. In April 2011 the US Department of Justice indicted key figures at Full Tilt, PokerStars and Absolute Poker for processing of online poker transactions at US banks.
Every day people have a chance to play along side pros in online tournaments for a chance to be in a televised tournament. Others play for the chance to hit the progressive jackpots. Whatever their reason they will enjoy their experience in the fascinating world of online casino games.
The first online casino, Microgaming's Gaming Club, opened in October of 1995. The casino mostly offered slot and video poker for those who wanted to try their luck. The immense popularity of the site took many by surprise. The following year 700 different gambling sites were active and accepting bids. By 1998 gambling sites were pulling in $835 million a year! In 2001 over 8 million people were gambling worldwide and profits were staggering. Today it is a $49 billion industry.
With 700 gaming sites springing up in just a year competition grew considerably. Each site was looking for a new way to attract players to them. As developers improved the programs slots were offered along with baccarat, blackjack, craps, roulette, poker, keno and bingo. And the invention of live gaming made games like Texas hold 'em possible along with tournament style gambling.
By 2000 the only thing the internet gaming industry was missing was instant payouts and deposits. Often players had to wait up to a week to get money into or from their accounts. Programmers responded by developing new, secure systems for these transactions. Now money can be instantly transfer from one account to another all over the world.
Poor press has tarnished the industry with the development of "rogue" casinos that fail to give payouts and run software to cheat the players. To protect players from this many communities have developed sites to report these experiences and warn others.
The larges hurdle casinos have had to jump over is litigation. Many countries have introduced potential laws restricting gambling. The most common reasons for outlawing them are the lack of regulating safeguards for players and the inability to verify the person playing is not a minor. In April 2011 the US Department of Justice indicted key figures at Full Tilt, PokerStars and Absolute Poker for processing of online poker transactions at US banks.
Every day people have a chance to play along side pros in online tournaments for a chance to be in a televised tournament. Others play for the chance to hit the progressive jackpots. Whatever their reason they will enjoy their experience in the fascinating world of online casino games.
About the Author:
Jogar bingo or playing bingo is one of the favorite gambling games on the Internet. You can read a analysis of many locations when you visit the Casinocom ler website.
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