Online gambling first appeared on the net in the mid 1990s. In 1994 Microgaming software program was founded and still has the corner market today in many of the online casinos. Microgaming is chip computer software that runs the various machines within land and online casinos. There’s some debate as to who was the first casino to pop-up on the internet & most would say InterCasino first of all appeared in 1996. However; there are others who declare that Microgaming’s Gaming Club was the initial online in 1995.

From the initial casino to go live on the internet, casinos continue steadily to enhance their operations online and tweak the software, servers and connections that focus on the players on the World Wide Web. Regardless of slow bandwidth causing connection issues for the players, the industry still raked in an estimated $834 million in 1998.

Intertops was the first online sports-book to surface in 1996; however they have been in operation long before that by taking phone bets since 1983. Intertops is still going strong today and is satisfying over 180 countries with their service.

Internet poker first sprang up at the start of 1998 and was initially facilitated by Planet Poker. Adhering to fit was Paradise Poker in 1999, Party Poker and Poker Celebrities in 2001. Planet Poker continues to be in operation; however they no longer allow real money to switch hands. By 2008 Bash Poker had lost the business lead in the industry to Poker Stars and Full Tilt Poker, estimated by the amount of players online.

The popularity of online gambling does not seem to be reducing since its birth. With advanced technology, online casinos find a way of offering real time play and instant spin capacity, thus fulfilling all sectors of the gambling marketplace and increasing revenue. The modern casino software available today isn’t just advanced for the players utmost enjoyment but is completely secure.

In 2010 2010 the web gambling industry grew by 12.5% with gross revenues of close to $29.95 billion, whatever the perceived recession. The online casino sector grew an estimated 13.3% this year 2010 and brought in around $2.67 billion. Probably the most money adding to the gambling revenue online is generated by sports activities betting at about $12 billion.

Online bingo stole the guide in being the fastest growing sector for 2010 2010, estimated at 28.4% growth also to the tune of $2.67 billion. Although poker may be the most talked about, it was deemed the slowest growing on-line gambling field which generated about $5 million.

In 2006 most of the online gambling companies decided not to allow USA players spend cash in their establishments anymore because of the uncertainty regarding regulations of offshore gambling, following passing of the Unlawful Web Gambling Enforcement Act. There is a great debate regarding different states which were legally able to gamble and the ones who were not. A lot of the casinos revised their guidelines regarding USA play after that and now nearly all online gambling establishments will once again accept USA players.