It’s always a humbling experience when we stop for a while and look around us. Half of the things we take for granted today were just the stuff of dreams and ambitions just masterpoker88 a few decades ago. Take Online Casino s, for example. How many people wake up, open their computers, log into an Online Casino, and try out play the day away?
Back then, people had to go to Nevada just so could play at a casino. They would travel for miles and miles just to play a single game of blackjack or baccarat. You really have to appreciate how people prevailed in making this happen.
In the beginning…
Online Casino s started cropping up during the mid 1990’s, although there’s much debate as to who exactly opened the first one. Many believe it to be ‘InterCasino’, an online wagering site which opened in 1996. However, there are some that believe that it was actually ‘Gaming Club’, which opened in March 1995.
It is not unlikely that this is the truth, considering how Microgaming, the master of the said site, is also the first online wagering software provider to be established. Either way, these new Online Casino s only received their go signal when Antigua and Barbuda passed an act called the “Free Trade and Processing Act”. This allowed Online Casino s to open at the said country without anxiety about litigation.
Of course, though the Online Casino s were operating out of the Caribbean, the bulk of their users resided elsewhere in the world. And, due to the very nature of the internet itself, this made all the users prone to exploitation.
This caused the Kahnawake Gaming Commission to be established in 1996. They regulated the online gaming activity of men and women and casinos and also issue gaming the required permits to the online wagering sites. They try and keep the online wagering industry transparent and fair. The Kahnawake Gaming Commission located in Canada and, up still provide excellent service to casinos and the users alike.
By the late 1990’s, Online Casino s were already very much established. However, on the internet issues were rampant and the action in general was rather slow due to the lack of bandwidth. It was only until after the new millennium that this issue was fixed. But at the same time, Online Casino s had new problems.
It is impossible to talk about the history of Online Casino s without talking about the legal fiasco that happened in 2005. Antigua and the US were in a claim over cross border online wagering.
The world Trade Organization decided to side with Antigua and, as a result, the us passed the UIGEA. This is a last minute addition to their Safe Port Act. The act made it incredibly hard for online wagering sites to cater to the us, so a lot of them just decided to close their doors to Us citizens altogether.
Even until now, this little bit of legislation is still under debate, especially since it hurt not only the Online Casino s but the US players as well. There’s a change in the legal climate these days, though, since the european union seems to be rather supportive of the online wagering industry.
There’s even talk that the US is considering some concessions. Either way, it seems that Online Casino s not only have a colorful past, but a great future ahead too.
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