Who invented online gambling?
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Online gambling can become traced back to the mid-1990s when the first online casinos and poker rooms started to appear on the internet. The first online casino launched in 1994 by Microgaming, a software development company based in the Isle of Man. The site offered just 18 games, and players had to download the software to their computers to play.
Secured with software developed by CryptoLogic, an online security software company. Safe transactions became viable! As a result, leading to the first online casinos in 1994.
In 1996, the first online sportsbook launched by Intertops, allowing players to place bets on sports events over the internet. Followed by the launch of the first online poker room in 1998, also created by Microgaming.
The early years of online gambling became characterized by a lack of regulation. Which meant that many unscrupulous operators were able to take advantage of players. However, as the industry grew, governments and regulatory bodies began to take notice. And in 1998, the first online gambling license became issued by the Mohawk Territory of Kahnawake in Canada.
Moreover, over the years, online gambling has become increasingly popular, and today there are thousands of online casinos, sportsbooks, and poker rooms available to players around the world.
In conclusion, the industry became now highly regulated. Furthermore, with strict licensing requirements and player protection measures in place. Ensuring that players become treated fairly and their personal and financial information remains secure.
