The iGaming industry has developed significantly over the years. With the Internet being such a big part of our daily life, it’s hard to imagine a time when people didn’t have access to the Internet or when the Internet wasn’t as developed as it is today.
Before, if people wanted to play a round of poker or blackjack, they had to go to a land-based casino in their vicinity.
Today, people only visit casinos once in a while because truthfully, no one has time to go every day or every time they feel like gambling. The Internet has made casino games accessible from every corner of the globe!
For those of you who have just started your journey into the iGaming world, this article aims to give you a detailed history of this sector, ensuring you know all there is to know about this fascinating world!
Online Casinos
Online casinos are the current buzz, with people from all over the world creating accounts and joining the world of gambling.
In order to find the best online casino Australia, you would need to do prior research on the casino to ensure that it has a good reputation and that other customers like yourself enjoyed their experience!
A good online casino has a good security system backing it up, has an around-the-clock customer service team, and offers secure payment methods. Make sure to keep those points in mind when checking out online casinos!
What Is iGaming?
Before we dive into the history of iGaming, you need to know what the word actually means. Simply put, iGaming is when a person bets on the outcome of a future event. If the person’s prediction was correct, they receive monetary rewards.
In The Beginning
The early days of the Internet didn’t allow people to use it for commercial use, especially since encrypted protocols like HTTPS weren’t invented yet.
People didn’t have peace of mind that their transactions and information would remain private and protected, so many strayed away from such activities.
However, things took a turn when a popular web browser at the time, called Netscape Navigator, launched security protocols that allowed for safe and secure credit and debit transactions to be made.
The Big Step
Towards the end of 1994, the Caribbean country Antigua and Barbuda passed the Free Trade and Processing Zone Act that allowed registered companies within the country’s shores to operate online casinos globally.
A year later, Microsoft launched Windows 95 which resulted in everyone rushing to buy their own computer and get connected to the Internet.
iGaming companies saw the potential they had, especially with everyone practically running to get their own computer, so they started introducing new games, and exciting features and inviting offers to their customers.
The Mobile Craze
Similar to what had happened with computers in the 90s, people went crazy over mobile phones.
This craze took place between the late 2000s and early 2010s, with iGaming companies taking this to their advantage as they started developing apps that allowed players to enjoy the same games they played on their computers from their phones!
Players were no longer restricted to playing from their desks, they could play from anywhere in the world as long as they had a strong WiFi connection.
New Developments
The biggest and most noteworthy development has to be the live dealer games. These create an immersive atmosphere for the players as it displays a live video of a dealer who is able to interact with the players as if they were in the casino.
Other developments include the introduction of cryptocurrency payments.
These kinds of payments are said to be the most secure sort of payment. Paying with cryptocurrency eliminates the need for consumer data to be stored in a centralized hub where data hacks normally happen.
Instead, their information is stored in a crypto wallet. Not only is their information safe from potential scammers and hackers, but is invisible. This means it won’t show up on banking transactions.
So, if you don’t want others to know about your gambling habits, you can easily use crypto to hide your tracks!
Another recent interesting development is virtual reality online casinos!
Players are taken to the casino floor and can walk through different rooms and interact with other players. This allows players to have a sense of interaction even when, in reality, they’re doing all this from their house.
The Future Of The iGaming Sector
iGaming companies are always looking for ways to one-up their competitors, so it is a constant competition on who can create the best new game or incorporate the most fascinating features players have ever seen!
It is needed to keep a close eye on the iGaming industry and see what other developments come our way in the years to come!