We all know the online gambling industry to be a huge powerhouse in the entertainment world, but it wasn’t always smooth sailing. When the concept of gambling using the internet was first born towards the end of the 20th Century, there were plenty of problems that shrouded the whole industry in doubt. However, against all the odds (excuse the pun), the iGaming world came out fighting and won over the majority of its doubters. Here’s the story of how online gambling went from pipe dream to booming business.
In a similar manner to how internet transactions in general were thought of, people were initially sceptical of the idea of playing casino entertainment online. Typing in your card details and submitting them to what were unknown entities at that time was understandably too much for players to stomach, but that all began to change.
Independent organisations were created to monitor casino websites to determine whether they were trustworthy and kept personal details under appropriate security, while casino review sites such as Gambling Metropolis only display regulated online casinos for readers to access. Furthermore, as casinos have grown, some companies have begun floating on stock exchanges – something that wouldn’t be possible without genuine credibility.
As concerns about internet transactions were relaxed, the next obstacle came in the form of legality. If you’re a gambler based in the UK then you’ve probably not encountered too many problems when it comes to this, but other regions certainly haven’t been immune.
Many countries initially outlawed the sector, while others weren’t exactly ready to jump on the iGaming band wagon. The most obvious example is the US which has been gradually making progress over the last few years with regulated online gambling in a couple of states. However, Donald Trump’s incoming administration has thrown all that hard work up in the air, with the US’s future online gambling state now looking particularly uneasy.
Over the last few years, however, online gambling has exploded into life after its difficult start and is going from strength to strength. This is because the idea of online betting was always likely to prove extremely popular due to many people’s desire to gamble – it just needed the aforementioned road blocks to be cast aside.
Certain online casinos, such as Betive and 888, have now managed to combine both casino entertainment with sportsbook, giving players the chance to have a few free spins alongside choosing their teams for that weekend’s football matches. The introduction of mobile gambling using iPhones/iPads and Android devices has only made online gaming even more accessible.
With the iGaming world rocketing at such a rapid pace, we’re envisaging an action packed next few years with further developments that play right into players’ hands. For starters, online casinos are founded on an almost daily basis currently, and this puts the ball firmly in gamers’ court when it comes to welcome bonuses, entertainment and casino features.
Virtual reality, advanced gaming and more personalised approaches are also expected to be introduced as technology continues to improve. It’s safe to say that the iGaming industry is only getting started!