1990s: The Birth of Online Wagering 🎰
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1994: First Online Gambling License 📜
Event Description First Online Casino Launched Microgaming launched the first online casino, paving the way for online wagering. Antigua and Barbuda Becomes the first jurisdiction to issue online gambling licenses. -
1996: Betfair’s Concept of Betting Exchanges 💻
Event Description Innovative Betting Platforms Introduction of betting exchanges allowing users to bet against each other.
2000s: Expansion and Regulation 📈
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2000: The Internet Gambling Prohibition Act 🚫
Event Description Legal Challenges U.S. tries to impose regulations, but the act fails to pass Congress. -
2006: The Unlawful Internet Gambling Enforcement Act (UIGEA) ⚖️
Event Description Stricter Legislation The UIGEA becomes law, restricting online gambling payment methods.
2010s: Global Growth 🌍
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2011: New Developments in U.S. Markets 🌟
Event Description Legalization in States New Jersey and other states begin to legalize online wagering platforms. -
2018: Supreme Court Strikes Down PASPA ⚡
Event Description Sports Betting Legalized The U.S. Supreme Court allows individual states to legalize sports betting.
2020s: New Technologies and Trends 🚀
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2020: The Rise of Mobile Betting 📱
Event Description Mobile Platforms Increased accessibility as more users engage in mobile betting. -
2023: The Impact of Cryptocurrency on Wagering 💰
Event Description Crypto Adoption More online betting platforms start accepting cryptocurrencies for transactions.