History of Online CasinosPosted by fareed shakir on June 3rd, 2019 wo online casino history pioneers. CryptoLogic went out of the way to provide encryption technology to the online casinos, and thus sensitive information like charge card numbers were now safe from hackers. Microgaming was one of the first and still one of the best software providers, making crisp graphics and realistic sound when these specific things were still hard in the future by online. Cable modems and DSL lines managed to get faster and easier to begin downloading software, with less lag and connection problems. All which was left to complete was to earn trust, which started happening in 1999. That has been the season that Microgaming, in an effort showing the honesty on most online casinos, struck an agreement with PriceWaterhouseCoopers, one of the very most famous and honest accounting firms in the world. PWC agreed to start auditing the web casinos'payout percentages, to prove that they did indeed payout large sums of money- in many cases, a lot more than Las Vegas casinos. As a result of most of these developments, the new millennium started the Golden Age for online casinos. The initial IPO for online casino stock became available, more jurisdictions came online and the very first Progressive Jackpots awarded millions to lucky customers. Business was booming. Immediately after, Poker started Agen Bandar QQ Online initially to dominate the airwaves, and Poker Rooms, many affiliated with online casinos, became most of the rage. With the boom in online Poker Room technology, the online casino industry took in billions in 2004, with profits likely to triple and maybe even quadruple by 2010. Unfortunately, there may remain a lot more to write about online casino history later. The reason being a continues to possess opposition in many camps, which shows no sign of stopping. People like Senator Jon Kyl of Arizona introduce bill after bill wanting to power down online casinos, make it illegal for US citizens to play at them, or at least ban US credit cards from getting used to fund online casino gambling. Though none of these measures has ever passed, they remain introduced. With the surge in popularity lately, though, it generally does not seem like they'll make much headway. Hopefully, which means that the next chapter of online casino history has more bright spots than legal ones. Like it? Share it!More by this author |