CasinoThe Evolution of the Online Casino

The Evolution of the Online Casino

Technology made a huge impact on the casino and is the main reason for its accessibility to the bettors. The influence of technology made the house of gambling to become available online and changed people’s concept about gambling thus making the online casino famous.

Aside from the convenience, there are various reasons for its popularity.

·        Wide range of games available

All online casinos have gaming software that has more than 3000 casino games. All games in the modern software offer the best sound and graphics and the greatest part here is that players can perk their platform and create their own avatar.

The online casino at casino grizzly offers a fun, safe, and guaranteed secure for a more exciting betting experience.

·        More bonuses and other benefits

Compared to land-based casinos, the online casino gives more bonuses. Players can play any casino games the site offers without making a deposit and some casino sites have tournaments for their players and at times give coupons on special holidays.

A brief timeline of the online casino

The online casino started in 1994 during the time when the Caribbean countries Antigua and Barbuda were granted jurisdiction to give a license to operators who wanted to open a casino after the island passed the Free Trade and Processing Act. During this time the Microgaming software developer from the Isle of Man introduced the online casino and launched the first online gambling industry together with Cryptologic.

From 1997 to 1998 around 200 gambling sites existed and also in that same year the first online poker sites were introduced. During that time, the popularity of online poker was so huge that the online casino market reached $830 million. In 1999 online gambling’s popularity in the online industry is skyrocketing and multiplayer online gambling was introduced. Here casino sites offer more interactive games which means that the players can already play with other players.

The transition of the house of gambling in the online industry

The breakthrough of the online casino made a huge effect not just on the gamblers but on the casino industry itself. The modern virtual punters embraced online betting and the industry is now considered one of the leading virtual industries worldwide. However, not many online casinos which started in the late 90 still exist until now. This industry is considered a survival of the fittest and only a few were able to make it. Ten years after the online casino was born, Microgaming gaming software company, the same company that introduced the online casino announced that it is available on smartphones. Smartphones and iPhones were new in the market at that time and gambling enthusiasts can already enjoy wagering using their gadgets provided that they synchronized with the casino site and the internet connection is stable.

New virtual casino operators started appearing complete with licenses and the bonuses started growing because of the growing number of competitors. Years went by and the games advanced as well as loyalty schemes were introduced and higher cashback percentages were given to players who have been on the site for quite some time.

The online casino’s features constantly improve however, not many punters were convinced in the online industry. Conservative punters still considered wagering online as immature and still prefer the traditional land-based casino, especially the ambiance. Moreover, the firewall back then was not as sturdy and strong as it is now. The fear of malware, cyber theft, and scammers was prevalent which leads to this industry not flourishing that much.

The Modern Online Casino

The online casino at present as mentioned is one of the leading online industries and its global market size reached $ 231 billion in the year 2021 according to Statista.

The virtual house of gambling at present offers a flexible payment scheme to the players from anywhere in the world and their site’s firewall is guaranteed strong enough to filter and eliminate malicious sites that might penetrate the casino site plus they are Security Socket Layer (SSL) equipped for maximum security. 

Sports betting was introduced and the use of Artificial Intelligence (AI) and other modern technology like Artificial and Virtual Intelligence (AR/VR) and Live dealer for the virtual players to have a more interactive gaming experience.

Final Insight:

Technology and casinos merging back in the 90s is not just a major breakthrough but also a beginning of what technology can offer to the casino. 

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