Traveler Sand Hotels

Heritage of iGaming

Heritage of iGaming - Information for Receiving a web based Gambling Jobs


Gaming Platform

If you're interested in acquiring an internet gambling task it's important to comprehend the history on the market.

In 1994 one of the very first software advancement companies Microgaming was established adhering to the Cost-free Trade and Processing Zone Act in Antigua. The top start was useful & Microgaming gained a real competitive advantage in the technology behind on the web betting & casinos. However it took 2 years before Intercasino launched the initial internet casino which could accept real money wagers in October of 1996.

It wasn't long before the burgeoning business came under the scrutiny from the authorities in America when Jon Kyl attempted to introduce the Internet Gambling Prohibition Act which planned to make it illegal for any company to offer on the internet gambling to any US citizen. However the bill failed to make it through congress but gave a glimpse on the industries strained relationship with the US authorities.

By 1999 there were already up to 700 on the web casinos offering on the internet betting opportunities impressive given the slow uptake from the internet amongst the general public. It was also around this point the introduction of more sophisticated computer software from Boss Media allowed for multiplayer games with the ability for users to chat to each other. This new technology had a huge impact on the sector & really helped create an involving & social environment to gamble.

The following year was hugely significant as Cryptologic are listed on the NASDAQ exchange. The company who provided encrypted electronic payment technology were proving a success with both customers & investors. Also having plenty of success was a winner on The Sands of the Caribbean on the internet casino won $400k at the date the largest online casino payout.

But by 2002 that had already seemed like a small win with a number of winners taking home more than a million dollars in on the web casino winnings. Inevitably these wins drew even more of attention from the US government who began creating a series of laws which would all but outlaw online gambling with a bill that prevented online gambling.

This gives you a basic introduction to some on the historical background to online gambling sector, the perfect foundation if you're looking to get an igaming occupation.