Online gambling has been around since the 1990s and has grown exponentially thanks to high-speed broadband internet. From poker to casino games, online gambling offers a whole new world of betting with convenience that can’t be found in brick and mortar casinos.

Early Days

In the 90s, the idea of gambling on your computer was laughable. But when AOL released its internet service in the early 1990s, it was inevitable that online gaming would soon follow.

The Birth of Online Gambling

It took a while for online gambling to take off, but 1998 was big year for online casinos as they became popular in Europe and Asia. In 1999, both the UK and the US allowed their citizens to play online for real money for the first time. Many เว็บคาสิโน ออนไลน์ อันดับ1 were still based in Asia because it was faster to get customers there instead of bringing them back home.  The birth of online gambling companies in England and Germany show that locals preferred to gamble online than go out and visit brick and mortar casinos.

The Internet Casino Boom

From 1998 to 2004, online gambling took off like wildfire as more and more people began to play. The Internet Casino Boom had taken a firm hold on the American economy in the mid-2000s as online casinos really took off. The American gaming industry went from $26 billion in 2005 to $87 billion by 2010.

Mainstream Gambling

Online gambling really took off with the launch of Facebook games and slot machines that could be played directly from your phone or computer. It was the dawn of a new era where gambling became a mainstream hobby and anyone could play. Gambling went from something only aristocrats could do to something that millions of Americans take part in every day.

Where We Are Today

Gambling has been shown to be the fastest growing industry in America, and in its wake, it left many problems. With more people participating in online betting, there are those that become addicted and never make it out alive again. The focus of the industry will always be on attracting more customers, making it difficult to regulate and stop gambling addiction.

Conclusion

The rise of online gambling has done wonders for education and technology in America, but it also has affected the economy in a negative way as gambling addiction is becoming a serious problem in this country.