Gambling has its existence from centuries. Its human tendency to play at the edge doesn’t matter whether it worth’s game or gambling. Humans just want to go to the extreme and make new achievements. In ancient times, gambling was only limited to card games, dice gaming or racing like horse or other animals racing.
In initial 1990s some top shot online casino groups like sports book, gaming club, intertops, etc. initiated online gambling converting all the factors including: reliability, security of money and information, reputation, customer care, etc. which take no time to them to attract a big number of players and hence becoming a mile stone in the history on online gambling industry. This is to notice that first casino software was developed by none other Microgaming and Cryptologic took care of encryption and high end security to the players. After a long research and lots of ups and downs the first online casino was inaugurated on 18th August, 1995 which we today call as "Intercasino".
At that time Intercasino was offering online national lottery and a total of 18 gambling games. With the boom in the internet technology, Online Casino became much easier for players to have access and gamble as per their convenience, hence resulting in conversion to a big industry worth 3 Billion dollars in the year 2001 in contract to 1 Million dollar in 1997. The growth was not stopped there but in the year 2004 it crossed the figure of 8.5 billion dollars and astonished the world with the figure of 15 Billion dollar by 2006 and today its growth continues and has crossed the figure of 50 Billion Dollars.
To regulate this healthy and wealthy growing gambling industry, E-Cogra came in origin in March 2003, to take care of encryption and security of the gamblers. Today E-Cogra has a reputable and reliable name in gambling industry and players / operators trust of the seal of E-Cogra which has certified more than 200 Gambling sites (including Online Casinos, betting, and others) till date.
Online gambling began when the free trade commenced in between the small island of Antigua and Barbuda. Since then the online gambling came into existence. It has been considered to be the birth of the first jurisdiction. Since the online gambling has been brought up into existence the Directorate of offshore gaming’s was held up in order to get all the applications from the licensees, give them a close look and also to issue the licenses if they find them suitable. The commencing areas of the online gambling will always hold on a great significance in terms of the jurisdictions. There are various Online gambling companies that are based in the country to proceed on while making use of the license. The law has suddenly brought up the demand for the online casinos.
Today, gambling online has become one of the most expanding and prosperous business in the online world with revenue generated is more than any other online industry. There are more than 2500 gambling sites including online casino and sport betting and it will keep on growing due to various advantages offered to players as compare to traditional casinos.
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