HOW IGAMING BECAME SO POPULAR
Published on by Adam
Hailed as one of the fastest growing industries on the planet, the world of iGaming is one of the most complex and fascinating things to have happened over the last 25 years. From its humble beginnings to what it has grown to become today, iGaming and online casino in particular has had its fair share of ups and downs.
ONLINE CASINO IS NO LONGER TABOO
When online casinos started to hit our computer screens back in the mid-90s, people were a little reluctant to sign up and start playing. This is because the internet was still a relatively new phenomenon at the time and the average Joe who enjoyed the occasional high-street bet was worried about storing personal information such as bank details and home address online.
At the time, there was a limited number of governing bodies that were in place to ensure that online casinos and iGaming companies acted in a certain/ethical way. As a result of this, some sites were seen as untrustworthy by players whilst others were targeted by hackers and other cyber-criminals.
As the number of online casinos slowly started to rise, more and more governing bodies were being put in place to ensure that the industry could start to have a clear and distinct set of rules and regulations that all sites had to adhere to.
As a result of this growing trend of people who wanted to play online, a number of countries rethought their policies on gaming, including the United Kingdom who established the UK Gambling Commission in 2007 to further solidify the trust players could have with an online service.
CHANGES IN TECHNOLOGY HELPED IGAMING
Over the past decade, there has been a rapid development of new technologies. As a result of this, it is now easier than ever for people to place a bet on a sporting event or play a couple of hands of blackjack than ever before.
The rise of the smartphone and tablet revolutionised the industry as for the first time, people were able to play on the go – no matter where they were. Players were no longer restricted to their desktop computers and the introduction of Live Casino games, meant that a whole host of players who did not trust RNG games could now get involved with the action as they could see a physical dealer in front of them.
These advances in technology have paid huge dividends for the world of iGaming and the online casino industry is predicted to have a volume of more than $56billion by 2018.