Every part of our lives is affected by technology, and when we look at how going online allows so many businesses to expand their customer base, it’s easy to see why.
The casino industry is an interesting example of an industry that has embraced technology, and since going online, has greatly increased its market share, making billions of dollars in a decade.
There are so many online casinos available like https://online-casino.ie/, and people around the world are playing challenging, interesting, fun,and rewarding casino games online. While it would be easy to assume that the majority of visitors to these sites are male, it turns out that the number of women visiting online casino sites is growing each year, and in Europe the casino industry has seen a jump of more than 80% when it comes to female visitors to these websites.
Since betting online gives players the thrill of playing without needing to take the time to get ready and leave the house, it’s easy to see why so many people are playing online, as they can play from the comfort of their own couch, and this is one of the few industries that actually profited through the global financial crisis.
There came a turning point in the 1990s, when smart business owners were getting themselves online as quickly as possible. Players could place a bet online while most of us were still learning that MySpace was a thing, making online casinos one of the first industries to break ground on the internet.
The first licenses were given for online gambling in Antigua and Barbuda in 1990, so Microgaming Software decided that the software needed to be greatly improved so that users could have a more enjoyable and faster experience. Security was also a key concern, so Cytologic developed brand new encryption methods, allowing players to keep their credit cards and bank accounts safe.
After the first money wager in 1996, the Kahnawake Gaming Commission was formed, ensuring that if online casinos wanted to join the party, they would need to be licensed and follow the rules.
Online gambling soon exploded, and by 1998 there were 700 casinos available online. While the United States was the biggest contributor to these casinos, that was soon to end as the Unlawful Internet Gambling Enforcement Act was passed, cracking down on these sites and making it illegal for banks and credit card companies to actually process any transactions made by users on them.
In 2011, it was found that a few major online casinos were violating the UIGEA, and international operators began moving abroad where it wasn’t so hard to operate. Europeans were given the right to gamble online, and there were no problems with online casinos in Australia, New Zealand or the UK.
As we all have smartphones and tablets, online casinos are again growing with the times, and allowing us to quickly and easy gamble from anywhere we like.