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Online gambling first appeared over the internet in the mid 1990s. In 1994 Microgaming software was founded and still has the corner market today in several of the online casinos. Microgaming is chip software that runs the various machines found in land and online casinos. There is some debate as to who was the first casino to pop up over the internet and most would say InterCasino first appeared in 1996. However; you will find individuals that claim that Microgaming’s Gaming Club was the first online in 1995.
From the first casino to go live online, casinos continue to improve their operations online and tweak the software, servers and football agent (new content from www.doctorslounge.com – https://www.doctorslounge.com/index.php/member/1446498) connections that cater to the players on the World Wide Web. Irrespective of slow bandwidth causing connection problems for the players, the area still raked within an estimated $834 million in 1998.
Intertops was the first online sports-book to appear in 1996; however they have been in operation long before that by taking smartphone bets since 1983. Intertops is still going strong today and is satisfying over 180 countries with their service.
Online poker first sprang up at the start of 1998 and was facilitated by Planet Poker. Following suit was Paradise Poker in 1999, Party Poker and Poker Stars in 2001. Planet Poker is still in operation; however they no longer allow real money to exchange hands. By 2008 Party Poker had lost the lead in the industry to Poker Stars and Full Tilt Poker, estimated by the range of players online.
The recognition of online gambling doesn’t seem to be decreasing since its birth. With state of the art technology, online casinos possess the ability of offering real time play and instant spin capability, thus satisfying all sectors of the gambling industry and increasing revenue. The casino software available today just isn’t only advanced for the players utmost enjoyment but is completely secure.
In 2010 the online gambling industry grew by 12.5% with gross revenues of close to $29.95 billion, whatever the perceived recession. The internet casino sector grew an estimated 13.3% in 2010 and brought within an estimated $2.67 billion. The most money leading to the gambling revenue online is generated by sports betting from around $12 billion.
Online bingo stole the lead in being the fastest growing sector for 2010, estimated at 28.4% growth and to the tune of $2.67 billion. Although poker will be the most talked about, it was deemed the slowest growing online gambling sector which generated about $5 million.
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