Online casinos origin dates to the 1970s traced back as the early boom of computer software started to generate software for various industries. Started the gaming industry, certain games software, which was developed for the land-based casinos and the first computerized machine was visible, the slots has slowly begun to enjoy replace the electronic and mechanical slots, if available up to this point in all land-based casinos.
Software, which was developed in the 1970s, was blackjack strategy software that. Edward O. Thorp, a mathematician, primitive digital computer, the typical blackjack hand distributions followed analyzed
For 20 years, variously invented gaming-related software has little application outside the land-based casino and gaming industry for enthusiasts. Then, in the early 1990s, the explosion of the Internet has changed and allows a place to house and share gaming software things.
From that point it was inevitable that this lucrative industry will find its way to new and existing consumers via the Internet. The first company was to establish an online casino Microgaming , that in 1994 developed the first online casino application, although their real success came in 2002 with the development of their Viper software.
Since then built around software vendors like mushrooms after the rain and today there are over 160 such companies, with around 10 of them as a reliable leader, with the top four be Playtech, Microgaming, Cryptologic, party games, 888, Boss Media etc.
Necessary with the emergence of software vendors and regulatory requirements for the purposes of fair play and software reliability. In 1994, the island nation of Antigua and Barbuda passed a law that allows it to provide online gambling licenses to various vendors; “The Free Trade & Processing Zone Act” that constitutes the “Directorate of Offshore Gaming ‘and is still a serious and respected regulatory authority for the online gaming industry.
The only thing missing now was a payment method that allow the player to use the software controlled with ease, while depositing money and withdraw their winnings.
The first solution was offered by Cryptologic, which specializes in online security software, which was founded in 1995, and began developing “ECASH” application for online payments in the gaming industry. Cryptologic was also the first company that introduced and offered an online casino with deposit and withdrawal options, the first complete online gaming application that was controlled. Your InterCasino has launched in 1996 to life revolutionized the market and the wheels in motion to the development and growth in this market.