The world of online casinos is constantly changing. It’s a company that keeps growing and changing as new players enter the market, newbies figure out how to outsmart existing game companies, and rivalry intensifies.
Planet Poker, founded by a small group of entrepreneurs in 1998, was the first gambling site to gain prominence. This trend has reached even the best betting platforms. Many people were initially skeptical about using this new concept known as the Internet to play games. Because there were no set laws, regulations, or even set standards, it quickly turned into a Wild West populated by scammers and scammers who preyed on unsuspecting gamers. However, these early adopters were quickly proven wrong when large numbers of individuals flocked to this new form of gambling.
A brief history of online casino games
The first internet gambling software is said to have been created in 1994. However, it was more like a virtual bingo hall. Planet Bingo was the first site, and it offered only one game that could be played on the web browser or WAP-enabled mobile phones. Planet Bingo and its team of software developers were sold to a British gaming company named Sportingbet in 1998.
The Internet gaming industry needed to undergo a major transformation. When Microgaming’s Quickfire platform was unveiled, the market went wild. Other gaming software companies have joined the bandwagon, launching their own virtual casino platforms, such as Zodiac Casino.
Many new players entered the Internet gambling market in the early 2000s, with some large gambling companies deciding to provide extensive betting products without the land-based overhead. Internet casino revenues fluctuated from $7 billion to $10 billion in 2004, and they have shown no signs of declining since.
The growth of online gaming products
In 2000, only one in ten people gambled on the Internet; in 2012, there were over 150 million internet gamblers worldwide, betting over $38 billion a year on options like blackjack, poker and roulette.
Vegas Technology is a renowned producer of virtual gaming software. He has created material for over 150 clients on five continents, including industry giants like Unibet, Betsson and 888. These companies have had great success with their internet gambling options, which offer excellent visuals and immersive sound effects.
The US and UK are the biggest players in the Internet betting industry, but Asia and Eastern Europe are also experiencing significant expansion. Over 200 UK gambling providers alone offer real money casino gaming options to over a million players. And, like other industries like retail, technology is making it much easier for new online betting operators to launch their products on the internet than before.
Why are online games so popular?
One of the reasons these options are popular is that compared to other games, they are simple to understand and play. From cards to online slots to table games, people can easily learn the rules and techniques. And almost everyone has played a board game like chess or checkers at some point in their life.
Another reason for their success is that casino libraries, like Zodiac Casino Games, attract a wide range of people of all ages, ethnicities and socio-economic backgrounds. These options cater to a wide range of people, from millennials to seniors. It facilitates the marketing and promotion of online gambling platforms.
Online casino gambling options are more widespread than ever, and the industry is growing at breakneck speed. Ten years ago you couldn’t even play on the internet with your phone, but today hundreds of carriers offer mobile-optimized hardware for smartphones of all sizes. With breakthroughs such as cloud computing promising to transform the entire gaming environment, the future looks bright. Casino game options, such as slots, poker, roulette, baccarat and blackjack can be played on any device at any time.