In today’s world, the idea of ​​living without the internet seems to many to be a complete impossibility. How would we survive without social media, digital news, and streaming services like Netflix? Many of us haven’t even lived in a time when the internet didn’t exist.

Indeed, we have become virtually dependent on the internet in our daily lives and it can be said that the internet has at least had a huge impact on really many things in our modern society.

The Internet has influenced, among other things, the way we communicate by using popular apps like Skype and Zoom, the way we do business and also the way companies operate – to name just a few things. The internet has also had a huge impact on gambling.

Gambling on the Internet (or Internet gambling) is any online gambling. This includes, among other things, online poker, online casinos and sportsbetting. Gambling on the Internet is generally believed to have begun in September 1994.

However, the industry did not experience a boom until the early 2000s, when online casinos began to be seen as legal, real businesses with new legislation and regulation. Today, online gambling is estimated to generate more than $ 40 billion annually.

This may seem like an incomprehensible amount of money to many people, but by 2024, the industry is expected to generate as much as $ 94 billion a year.

The complicated history of online gambling

Of course, gambling itself began long before the 90s, but in this article we look at the history of online gambling and not the history of gambling in general.

In 1994, when the Internet was already fully commercialized, the Caribbean island state of Barbuda and Antigua became the first country to regulate the industry and issue gaming licenses to companies that wanted to start offering gambling services over the Internet.

However, online gambling is not believed to have really started until 1996, when the first online casino, “InterCasino”, was established. Hardly anyone at the time could have imagined that online gambling would become one of the most successful and productive forms of entertainment.

By 1997, the number of online casino sites had grown from just under 15 to a whopping 200, and a report published in 1998 found that online casinos had already generated a whopping $ 834 million in revenue.

In 2006, the United States unexpectedly banned all forms of online gambling and this had a huge impact on both mobile and other gambling services. However, the harsh attitude of the United States towards online gambling has made online gambling in many other countries much more productive.

The current annual value of online gambling is thus about $ 46 billion a year, according to Royalcasino.in, but the value of the market is expected to nearly double within the next couple of years. But what miracle, then, will enable this dramatic growth? Let’s get back to that a little later.

Experienced punters will probably remember a time when the online casino gaming offerings consisted of only a couple of low quality slot machines and table games. As expected, people were not yet terribly interested in online gambling at the time..

However, thanks to technological advances, gambling has become much more interactive, entertaining and addictive today, with the result that online casino industry revenue has also grown dramatically. Experience online gambling for yourself if you want to understand why the industry’s revenue is growing tremendously every year.

Is online gambling better than offline?

Gambling is certainly not easy to rank, especially with so insanely many high quality and entertaining casino games today. How can anyone ever find the best slot machines of all among the thousands of gambling games that seem interesting?

The best gambling games can be ranked based on, among other things, their entertainment and the various features they offer. Of all, the best gambling games are often combined with the entertainment they serve, hefty winnings, and fun bonus games.

The best casino games are games that people enjoy and that players can’t wait to get to play. The best gambling games are identified through the gaming experience they offer.