Mazie Heane

Online gambling, or iGaming, is a form of betting that occurs over the internet. From online casinos to sports betting, online poker to lotteries, this form of gambling has gained widespread popularity over the past few decades. The easy accessibility, convenience, and variety of games make it an attractive option for many. This article delves into the ins and outs of online gambling, discussing its types, regulations, advantages, drawbacks, and more.

The Emergence and Evolution of Online Gambling

The first online gambling platforms began to appear in the mid-1990s, following the creation of the Free Trade & Processing Act by Antigua and Barbuda, which allowed licenses to be granted to organizations looking to open online casinos.

The first functional gambling software was developed by Microgaming, a software company, with safe transactions made possible by Cryptologic, an online security software company. In the years that followed, the online gambling market grew exponentially. In 1996, there were only 15 online gambling websites, but by the end of 1997, there were more than 200.