What Major Changes Have Taken Place in The iGaming Business Over The Last 20 Years?
Well known casino provider Microgaming claimed that they were the first to invent an online casino software in 1994. However, the first online casino was established in 1996 by InterCasino. And it has brought an entire new gambling experience. It has been 20 years since InterCasino launched, the industry has evolved enormously thanks to technological advancements. Hence, what kind of ever-improving technology has helped in changing the industry?
It has to begin with the rise of online gambling in the 1990s. Players were using desktop computers to connect with the internet by then. However, with the takeoff of mobile technology, it has allowed players to access online casinos conveniently. Today, as long as connected with the internet they can conveniently access online casinos anytime, anywhere with any mobile devices. Improving technology allows it possible for operators to expand the scope of new target markets. In addition to the improvement of online casino software, a growing range of games are now being made. Players are likely to play standard table games or something fresh with modern rules and game modes like Blackjack, Baccarat and hundreds of other online casino based slots.
Initially, players are only able to play games like Poker or Blackjack using a desktop computer which implies that participants are competing with a device instead of a live dealer. Even as technology progresses, the world in which live streaming table games have become one of the most common channels in recent years has also shifted. In the past, online casinos were a type of nonsocial activity, but now players are allowed to socialize with other players or even the dealers online. Meanwhile, operators have added many payment options as well. Obviously, it’s popular to use Visa or Master credit card and debit card, but now there are a number of different choices for deposits or withdrawals. For example, in addition to online banking, there are digital wallets such as Skrill, Neteller or Paypal. It is a safer option for most of the players as most platforms offer a safe and secure environment during transactions.
Nowadays, Cryptocurrency including Bitcoin, Litecoin and Ethereum has become more and more common, offering more anonymity and easier transactions for online players. At first, players were worried about online gambling protection. Nonetheless, after 20 years of growth, online casinos have created the best place for players to make a bet. They also encrypt details to avoid hackers from extracting information from the user. Although it cannot be avoided with scammers or phishing sites, with the current technology it is easier to prevent it compared to the past.
