Online Casinos Past

The history of online casino gambling, let as take a casino reviews! Online casino gambling appeared on the internet in the mid 1990's. The Caribbean nation of Antigua and Barbuda passed the Free Trade & Processing act which legislated to allow licenses to be granted to the companies that applied to open online casinos.

The First Online Casino is Microgaming Software Systems Ltd which is a privately held Isle of Man based software development company which claims to have released the first genuine online casino in 1994.The company is one of the leading software providers to the online gambling industry, with just under 100 casinos listed on its website. Online casino operators such as the Carmen Media Group, Fortune Lounge Group, Ladbrokes, 32Red, Fairground Gaming, Vegas Partner Lounge and Golden Star Lounge are among those who use Microgaming's software.

The standard online casino powered by Microgaming has approximately three hundred games including slots, video poker, blackjack and roulette. Microgaming provides its casino games in download or Flash version. The company also offers progressive jackpots through their interlinked network of casino operators. Some of these games are developed by Derivco, a South African based software development company, but there is a little conjecture about one is the first online casino to accept wagers over the internet. Most other websites seem to claim that InterCasino was the first, in 1996. But base on the research, Microgaming Software Systems is the First online casino gambling in the web.

Throughout 1997 and 1998 online casinos continued to develop improved software and refine their operations. Due to the slower bandwidth speeds and servers of the time, there were many connectivity issues and network dropouts in the early days of online gambling, however business research and consulting firm, Frost & Sullivan, reported that the industry still generated $834.5 million in revenue in 1998 alone. In 1998, the first online casino progressive slots machine becomes live. With so many people playing online at connected machines, the lure of ever-growing jackpots began to lure in more and more players. Around the same time, the first attempts to illegalize internet casino games through the Internet Casino Gambling Prohibition Act failed as the bill was rejected.

In 2002, a player won over one and a half million dollars, the first millionaire plus jackpot at in online casino history. In 2003 Electronic Commerce and Online Gambling Regulation and Assurance (eCOGRA) is created. This body marks a new era, with improved security and safety guidelines used by online casinos, But There is also the anti-gambling online casino bill tries harder to come into effect, making online money-processing through banks, credit cards, etc. illegal if associated with online gambling. This year also marked a definitive moment for many amateur online casino players, as the World Series of Poker is won by a player having nothing but online casino experience, and now we know that there are so many competitors who is the best online casinos, some are offering a free online gambling and a much mmore online casino bonus, but still now we do not know who's on the top casinos in the world of internet casino games.