Online Gambling – The Real Story Of …
…continuance
2003 – The Age of Online Poker
The story of million winnings has reached its peak when Chris Moneymaker rushed into the poker history having won the prize of 2,5 million dollars. That event has marked the beginning of the online poker era.
2003 was also the tear when a non-profit organization specializing in standardization and audit of online gambling operators appeared. Its name was eCogra (eCommerce and Online Gambling Regulation and Assurance). Now the organization is the most trusted auditor and controller of play fairness in online casinos and poker rooms. The aim of eCogra is players’ protection and fair play ensuring.
Another push for fast online gambling development is the creation of live games by PlayTech. From the moment online gambling becomes even more true-to-live and user-attractive. Now online players use live video chats and have an opportunity of seeing a dealer on a screen.
2004 – American Reality
American politicians keep seeking the ways of prohibiting online gambling. Anyway, WTO (World Trade Organization) is still on the side of Antigua and Barbuda in the fight against the prohibition of online casinos in the US.
The end of 2004 has revealed that Americans are the overwhelming majority of the world online gamblers, making over 51% of the total world turnover of more than 8,5 million USD.
2005 – Fast Growth
Online gambling industry keeps moving towards England. The main focus is now European players and London Stock Exchange, where PartyGaming enters the FTSE 100.
A new world Jack Pot record was set in 2005. One of the Carnival Casino players cas won over $1,966,000.
Online gambling industry keeps its pace in becoming one of the most popular online leisure. The turnover has exceeded 12 billion dollars.
2006 – Dissension and Outbreak
Dozens of millions of online gamblers are in great confusion because of the huge choice of online casino games. More than 2300 online casinos and poker rooms offer their online gaming services to every willing to try his/her skills and luck in online casino games.
In its turn the USA arrests David Carruthers – CEO of BetOnSport – when he arrived in the country with the purpose of closing his business on the territory of the US. It leads to an outbreak of an outrage in the sphere.
American senator passes a bill called ‘Secure Port’ and signs a law that makes online gambling in the US illegal. The law is called Unlawful Internet Gambling Enforcement Act (UIGEA) and from the moment it is the main law about online gambling in the US. It was signed by President Jorge Bush making online gambling an illegal business sphere in the USA.
2007 – Up and Forward!
Great Britain expands its influence in online gaming sphere all over the Europe. It focuses on attracting more and more gamblers from European countries by establishing a decree that legalizes and regulates online gambling in most parts of Europe.
2008 – It has Never Happened before
A study performed by the worldwide gambling market advisor Marco Felice Baranzelli has proved that online gambling industry keeps constantly growing, bringing online casino business owners cosmic profits. Baranzelli states that the worldwide online gaming market’s total gaming yield for 2008 hit $ 328.5 billion, maximum of US$ 309.6 billion in 2007.
2009 – Sky is the Limit
Online gambling industry is experiencing it’s expedite rise due to the people’s inherent passion to online games of chance. We never know what scale it can reach …
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