Early Developments (1990s)

• Launch of the First Online Casinos 🎰

  Year	Event
  1994	The first online casino, Microgaming, is established.

• Introduction of Payment Methods 💳

  Year	Event
  1996	Real Money gaming began with the introduction of various online payment options.

Expansion and Regulation (2000s)

• Growth of Online Gambling 🌍

  Year	Event
  2001	Online casinos experience a rapid increase in players and revenue.

• PayPal Enters the Online Gambling Space 🤑

  Year	Event
  2003	PayPal begins operations with online casinos, offering a more secure payment method.

Challenges and Changes (2010s)

• Legislation Impact ⚖️

  Year	Event
  2011	The U.S. updates its regulations around online gambling, affecting payment methods.

• PayPal Withdraws from Gambling Transactions 🚫

  Year	Event
  2011	PayPal halts its services related to online gambling in the U.S.

Re-establishment and Current Trends (2020s)

• New Regulations and Re-entry 🔄

  Year	Event
  2020	With new laws, PayPal re-enters the market for online casinos.

• Rise of Cryptocurrency and Alternative Payments 🪙

  Year	Event
  2023	Changes in player preferences lead to integration of cryptocurrencies along with PayPal in online casinos.