What is iGaming? These days it is a phrase that we often hear on the media, and it has been growing more common over the last few years now. We all think we understand what it is. Do we really?
iGaming is the global name for the wagering of money or other forms of value. It could be game chips, for example, on the outcome of an event or a game via the web.
Many people are wrong to think that all forms of Online Gaming are iGaming. Nevertheless, iGaming really means the act of supposing the outcome of a match. Common types of iGaming can include games like League of Legends, Counter-Strike and alike.
Yet, far more prevailing are casino games and poker activities than the well-known games mentioned above.
iGaming is gaining prevalence ever since it was presented to the online community back in the ’90s. And some of the more successful and esteemed manufacturers of games are Microgaming, NetEnt, Betsoft and Playtech. These organisations hire dozens of employees from all over the world and entertaining millions.
These days, anyone can play iGaming on so many websites. It is often confusing. No doubt, most websites will be true and will make their best endeavours to keep their users engaged and entertained. Nevertheless, you may, at times, find some criminal websites that you should avoid. To stay on the safe side, you can discover numerous online casino reviews websites that will help you determine whether you made the right choice or not when it comes to transferring funds.
Here is a rundown of this industry’s first steps.
1. The Very First Online iGaming Website Back In 1994 – Developed by Microgaming
Microgaming began taking extraordinary strides in this industry way Before any of us were introduced to the online casino world. In fact, during those years, Microgaming we’re regarded as the most notable gaming creator worldwide.
2. Huge iGaming Accomplishments In 1998 From Microgaming and Planetpoker
Just four years after developing its gambling software, Microgaming launched ‘Cash Splash.’ This was its first progressive online jackpot slot, created to pay players with huge cash-outs. Furthermore, at the same time, we also saw the creation of the first online poker room from PlanetPoker.
3. By 2000, More Countries Had Began to Accept the Concept of ‘iGaming’
Other territories in the United Kingdom like Gibraltar and the Isle of Man issued their ‘gambling’ doors to online gaming. This trend kept on expanding with more than 8 million players across the globe. Moreover, the industry exceeded more than 2 billion dollars in revenue.
4. Growth of Mobile Devices in Online Gaming by 2010
Mobile devices drastically changed the way we communicate and do business with each other. When it comes to the ‘iGaming,’ in 2010, they had become the ‘kings’ of the gaming industry. During this time, gamers had already placed bets worth 10 billion dollars using their online betting platform!
Today this trend continues to expand because there is no reason a person looking to enjoy a few rounds of roulette or play at a good poker table, would have to leave his house.
These days we do it all over the phone and the internet. And casino, sports betting, and poker games are no different.