It’s always a humbling experience when we stop for a while and look around us. Half of the things we neglect today were just the stuff of dreams and ambitions just a few decades ago. Take online casinos, for example. How many people wake up, open their computers, log into an online casino, and start working on play the day away?
Back then, people had to go to Las vegas just so one of these could play at a casino. They would travel for miles and miles just to play a single game of blackjack or baccarat. You really have to appreciate how people succeeded in making this domino99 happen.
In the beginning…
Online Casinos started showing up during the mid 1990’s, although there’s much debate as to who exactly opened the first one. Many believe it to be ‘InterCasino’, an online gaming site which opened in 1996. However, there are some that believe that it was actually ‘Gaming Club’, which opened in November 1995.
It is not unlikely that this is the truth, considering how Microgaming, web pages the said site, is also the first online gaming software provider to be established. Either way, these new online casinos only received their go signal when Antigua and Barbuda passed an act called the “Free Trade and Processing Act”. This allowed online casinos to open at the said country without fear of litigation.
Of course, though the online casinos were situated in the Caribbean, the bulk of their users resided elsewhere in the world. And, due to the very nature of the internet itself, this made all the users prone to exploitation.
This advised the Kahnawake Gaming Commission to be established in 1996. They regulated the online gaming activity of people and casinos and also issue gaming entitlements to the online gaming sites. They make an effort to keep the online gaming industry transparent and fair. The Kahnawake Gaming Commission is predicated in Europe and, up still provide excellent service to casinos and the users alike.
By the late 1990’s, online casinos were already very much established. However, on-line issues were uncontrolled and the action in general was rather slow due to the lack of bandwidth. It was only until after the new millennium that this issue was to solve. But by then, online casinos had new problems.
It is impossible to talk about the of online casinos without talking about the legal fiasco that happened in 2005. Antigua and the US were in a contest over cross boundary online gaming.
The world Trade Organization decided to side with Antigua and, as a result, the us passed the UIGEA. This has been a last minute addition to their Safe Port Act. The act made it incredibly hard for online gaming sites to cater to the us, so most of them just decided to close their doors to People in america altogether.
Even until now, this joint of legislation is still under debate, especially since it hurt not only the online casinos but the US players as well. There’s a change in the legal climate these days, though, since the european union seems to be rather supportive of the online gaming industry.
There’s even talk that the US is considering some snack bars. Either way, it seems that Online Casinos not only have a colorful past, but a great future ahead too.