The Growth of Online Casinos

THE GROWTH OF ONLINE CASINOS zyngapoker 1994 2000 2005 2013 2015? THE BIRTH OF AN INDUSTRY ANTIGUA AND BARBUDA OPENS FOR BUSINESS. 1994 The Caribbean nation is the first country to pass a law which made it possible for operators to apply for licenses. Microgaming develop the internet's 1994 1st gambling software. Cryptologic follow up by developing encrypted communication 1995 protocols to ensure secure financial transactions. The 1st money wager 1996 on casino games is attributed to Intercasino. The casino offers 18 games and access to the National Indian Lottery. The Kahnawake Gaming Commission 1996 forms to license and regulate online casinos. Microgaming launch the first ever progressive 1998 slot jackpot: Cash Splash. Planetpoker becomes the 1st internet poker room. 1998 By the end of 1998, there are over 1998 700 real-money online casinos. THE ONLINE BETTING BOOM BY THE MILLENNIUM, 2000 online casinos are generating over $2.2 billion in revenues. US players contribute to two-thirds of total revenue. GAMBLING GOES GLOBAL 2001 as UK territories Isle of Man, Alderney and Gibraltar begin to offer licenses.There are now 8 million online players. CASSAVA ENTERPRISES SET UP 888.om 2003 after the lucky numbers in Chinese culture. PARTYGAMING ONLINE GAMBLING $8,500,000,000 2005 REACHES ITS PEAK, as partygaming, playtech and 888.com register initial public offerings (ipos). CHART PERCENT MARKET The 2005 UK Gambling Act represents Europe's most liberal gambling legislation. 2005 REGULATION AND ROADBLOCKS US GAMBLING RECEIVES A BLOW 2006 when the Unlawful Internet Gambling Enforcement Act (UIGEA) is passed. Although ambiguous, it makes it illegal for banks and credit card companies to process financial transactions for internet gambling sites. Many international operators withdraw from the US market. 2008 H2 Gambling Capital estimates worldwide online gambling revenue to be $21 BILLION 2010 OVER 865 ONLINE There are now CASINOS. PARTYGAMING $3.3 billion 2010 MERGES Ocom PartyGAMiNG WITH BWIN to form the world's largest publicly traded gambling company. TRICT COURT APRIL 'BLACK FRIDAY' IANITED STATES The US government shuts down PokerStars, Full 2011 Tilt Poker and Cereus for violation of the UIGEA. Although it targets poker sites, it bodes badly for US online gambling as a whole. SOUTHERN DISTRICT OF NEW TECHNOLOGY, NEW FRONTIERS RECORD WIN! 2011 Norwegian student scoops €11.7 million playing Net Entertainment's progressive jackpot slot, Mega Fortune, on Betsson.com. THE MOBILE GAMBLING BOOM: 2013 Juniper Research reveals that $10 billion was wagered worldwide through mobile in 2013. $ 1.6 BILLION 'SOCIAL GAMBLING' grows, with casino games accounting for one fifth of the $8 billion 'social gaming' industry. 2013 fy Social casino games start-up Plumbee is worth £40 million alone. CURRENTLY... 85 countries have legalised online gambling, contributing to a $35 billion industry = GDP of Slovenia! %3D VRIGHT CASINO SOURCES: http://www.thegameoftheirlives.com/onlinecasino.php http://www.indiangaming.org/info/alerts/Spectrum-Internet-Paper.pdf http://www.juniperresearch.com/reports.php?id=408 http://theabbiagency.com/wp-content/uploads/2013/07/Reuters-12.4.12.pdf http://blogs.ft.com/tech-blog/2013/12/endemol-places-13m-bet-on-social-casino-gaming/ http://www.quandl.com/economics/gdp-all-countries. %24 NEWYORK