📜 Early Beginnings of Online Gambling (1990s)
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Year Event 1994 First online casino, known as « InterCasino, » launches. 1996 The establishment of the Kahnawake Gaming Commission in Canada, which begins regulating online gambling.
🎰 The Growth of Online Casinos (2000s)
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Year Event 2000 The introduction of CashPlay, a platform enabling players to gamble real money online. 2006 The Unlawful Internet Gambling Enforcement Act (UIGEA) is passed in the U.S., impacting the online gambling landscape.
🌍 Expansion and Regulation (2010s)
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Year Event 2011 The DOJ rules that the Wire Act applies only to sports betting, paving the way for online gambling in several states. 2012 New Jersey legalizes online gaming, becoming a major player in the online gambling market.
🚀 Modern Era and Innovations (2020s)
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Year Event 2020 The COVID-19 pandemic leads to a significant increase in online gambling participation. 2021 Launch of VR and live dealer casinos that enhance the user experience. 2023 Introduction of cryptocurrency as a payment method in various online casinos, including ‘Paradise Casino.’
🔗 Future Prospects
As technology evolves, the online gambling industry is poised for further innovations. For more information on online casinos, visit Gambling.com.