A History of Video Games and Gambling
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Video gaming and online gambling have a lot in common. Let's explore the history of online gaming.
Nintendo has been operating out of Kyoto, Japan, for over 100 years. Nintendo made the games and gadgets that formed the foundation of online gaming. The company's most significant product was the Nintendo Beam gun. It was launched in 1972. It became the rise of home games. They followed the Beam Gun with the Magnavox Odyssey, the first video game console for public purchases.
Sega used to be Service Games, a gaming company that exported slot games from the US. The US Government prohibited slot machines between 1902 and the late 60s. Maryland was the first state to legalize them in 1948. Service games bought the slot machine from US government and took them outside US shores for disposal. Sega has too many competitors and encountered legal challenges so they abandoned slot game exports in favor of Retro Games and other video games.
Arcade games like Baffle Ball and Pin Ball were mainstream before 1940. The ban against gambling affected some popular arcade games. Most states prohibited gambling games until 1972. Modern arcade gaming is less popular as people focus on digital entertainment. Claw Machine, Donkey Kong, Space Invaders, The Defenders, and Pac-Man have mobile versions.
Pachinko is a Japanese gambling method that involves pushing small balls into their catchers. Pachinkso has been in Japan for over 100 years. Online gambling has evolved over the past 2 decades. The development of internet banking and e-wallets propelled changes in payment methods. Now, we have crypto casinos using specific cryptocurrencies like Bitcoin or Etherum. Some gaming operators are taking steps towards developing their casinos in the metaverse. Loot boxes are popular gaming incentives. Several European countries consider them addictive. They make strict regulations against real money purchases of these loot boxes.
