Evolution of Online Gambling
Remember those days when you had to drive all the way to Las Vegas to the land establishments of casinos to enjoy a true gambling experience? The cost of expenditure on gas, expenditure on expensive hotel rooms and the bill for food and drinks surely added up to much more than what you ever won at the casino. Online casinos provided a much-needed escape from the money-guzzling Vegas strip, right?
Many leading Internet companies like Micro Gamming, Real Time Gaming and Cryptologic rose to the challenge and came up with virtual versions of the ‘brick and mortar’ casinos. They had to put in a lot of hard work as attracting players and keeping them at online casinos is not an easy task. Online casinos therefore employed high- end technologies to develop online casino banking systems, a crystal clear game-play, captivating visuals and audio effects and added a social networking aspect to online casinos.
These developments led to a craze for online gambling among players across the globe. Though millions of people flocked to online sites, the security challenge remained. It was only in 2003, that independent standards stipulated by ‘eCOGRA’ (eCommerce and Online Gambling Regulation and Assurance) guaranteed a secure gambling environment for players at online casinos
As the rage for online gambling grew, the number of online casinos also went up. Reports suggest that 85% of US adults have gambled at least once in their lives. The proportion of adults who “never gambled” has also dropped from one in three to one in seven. Consumers spend more on legal gambling in the US than most other forms of entertainment. Much of these trends over the past two decades can be attributed to the growth of online casinos.
It is estimated that there were 2,300 active online casino sites in 2006. This number is on the rise with every passing year. The online casino industry is booming which is why there is increased talk of regulation as well.Download our online casino games to have the best online gambling experience now!
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