Online casinos – Happy birthday!

The year is 2018 - today the online casino industry celebrates its 23rd birthday. Any other industry would still be in its infancy at this age. However, the online casinos are different: after a rather hesitant start in less than two decades, this only developed into a multi-million dollar industry that has significance on the entire world market. Moreover, online games prove to be very flexible and can adapt to any culture and any perception of technology.

Three major factors allowed such a rapid development:

The first was the development of gaming software , which was first used in land-based casinos in the 1970s. Another point: computers learned to network - over the Internet. So only one game computer could be operated by many Casino Arena users. The third factor: a global regulator was set up in 1994. The rest is history.

Although the technology for the online games has been around since the beginning of the Internet, the first game providers were only able to launch in 1994. In that year, the "Free Trade and Processing Act" was passed on the Caribbean Islands - it was the first law that defined online casinos as such and legally established them. Thus, the "Gaming Club" and the "Intercasino" opened their business in 1995 and 1996, followed by a variety of portals; most in the first years of this millennium. Today well- known platforms such as the "Spin Palace Online Casino" were opened around 2002.

In the years 2015/16, very young and innovative online casinos come to light and let us guess that the world of online casinos has by no means seen everything. The pioneers are casinos like Casino Heroes , Spinit , or Wunderino .

If you want to be a winner, you need to know how to best manage the money in an online casino .

The software giant "Microgaming" was the first of its kind to discover the online casino industry for themselves. This company developed a variety of casino games that could be easily downloaded to PCs and laptops, providing players across the globe. Cryptologic was founded as a competitor. This resulted in many gaming applications and platforms that generated high profits and motivated other entrepreneurs to join the industry.