The origin of
online casinos can be
traced to three different processes. One is gaming software. From the
mid 1970s gaming software began to make its presence felt in land
machines based on computer software began to replace the
electromechanical slots. These machines displayed the power of computer
processing and computer graphics. Software for
been developed by professional card counters in the 1970s. Software for
gambling games was the first piece of the jigsaw puzzle to be perfected.What was missing was a mechanism for different computers to connect to a
nodal server and use the gaming applications stored on that server. This
problem was solved with the coming of age of the Internet. In the early
1990s the Internet became widely accessible. Initially it was used as a
mode of communication. Individual users could connect to the Internet
from their computers and send messages to others similarly connected.
But the latent potential of the Internet in other applications was
The third factor needed for vegas online
was a regulatory mechanism.
This came about in 1994. The tiny island state of Antigua and Barbuda
enacted The Free Trade and Processing Zone Act that permitted it to
issue gambling licenses. Thus the first online gambling jurisdiction was
born. Under this Act the Directorate of Offshore Gaming was constituted.
It is this body that receives applications from licensees, scrutinizes
them and grants licenses if the application is found fit. Antigua and
Barbuda still remains one of the more popular and respected
jurisdictions. This law provided the fillip that was required to create
online casinos.Now that the three important mechanisms were in place all that was
required was to string them together game in
. Microgaming was a pioneer in this
field. Microgaming, a software provider based in The Isle of Man, was
founded in 1994. Microgaming was the first to develop online gaming
software. Whereas online games could be played using the software it
lacked one vital component needed in a full-fledged
was the security required to conduct financial transactions over the
Internet in a safe manner. This component was provided by Cryptologic,
an online security software company founded in Ireland in 1995. It began
developing the first eCash applications for online gaming. In fact it
was Cryptologic that put the whole package together first and
established the first online
, InterCasino, in 1996.
Since then the online casino industry has not looked back. It is
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